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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Princess-Rosethorn. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $6,899,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
A successful build starts with an amazing lot, and this is one of the largest lots in all of Thorncrest Village ( 234 ft deep ) . Next step is to hire the renowned architect Richard Wengle to create your dream home. Add the best of materials to a unique design that encompasses the features of the lot complete with floor to ceiling glass, double high ceilings, a functional kitchen laid out as a chef would design, complete with rear servery area for catering to your guests. Create large hallways with floating stair cases that are art in themselves, This home checks all the boxes of a family home, individual lockers for all by the garage door, with adjacent dog wash station. A main floor primary suite, with access to a lower level private relaxing lounge. Add a lower level complete with Gym, hockey and lacrosse room, a wrapping and hobby room, large recreation lounge area, Nanny suite and office. Outdoor amenities include a basketball and sport court, rear hot tub area, golf putting and chipping area, full outdoor bbq and kitchen area, two main level patios , in-ground trampoline , and lots of room for a pool if desired.
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Fenced Yard, Golf, Public Transit, Rec./Commun.Centre, School
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 5 Pheasant Lane, Toronto W08, ON M9A 1T1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $6,899,000 in Toronto, the legal minimum down payment is $1,379,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $158,950 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $158,950 also applies, bringing the total estimated land transfer taxes to $317,900.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.