50 Elm Road, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Lawrence Park North. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,698,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 28 x 84 ft lot
- Features a separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with wall unit(s) central cooling and highly efficient forced air heating via gas
Description
50 Elm Rd is a sun-filled, open-concept 3-bedroom detached home located in the prime John Wanless Public School District, offering a private drive and garage-rare and highly desirable. Thoughtfully renovated for modern living, the custom kitchen has been opened to the dining room, creating an exceptional space for entertaining. The kitchen features a large centre island with Caesar stone countertops, built-in cabinetry, crown mouldings, stainless steel appliances, upgraded lighting, and a walk-out to the deck and garden. A versatile office/pantry nook with shelving and storage adds both function and charm. Notable upgrades include heated floors in the kitchen and bath, a gas fireplace in the living room complete with a wall of built-ins for decorative display, pot lights, and custom closets. Major improvements include a roof by Alpine Roofing (2018), updated wiring, a combo boiler/water heater (2013), and mostly newer windows. Enjoy A+ walkability to parks, schools, shops, restaurants, the subway, TTC, and easy access to Highway 401. A true gem in Lawrence Park North, one of Toronto's most sought-after family neighbourhoods. Don't miss this outstanding opportunity.
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Pricing & Value Insights
Data-driven valuation for 50 Elm Road, Toronto C04, ON M5M 3T4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,698,000 in Toronto, the legal minimum down payment is $339,600 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 $30,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $30,435 also applies, bringing the total estimated land transfer taxes to $60,870.
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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.
