506 Castlefield Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Forest Hill North. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $3,299,000 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.
- 5 Bedrooms and 5 Bathrooms
- Generous living space spanning 3000-3500 sqft on a premium 33.33 x 135.2 ft lot
- Features a finished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience elevated living in this rare offering within the prestigious Allenby School district, perfectly situated in the heart of North Forest Hill. This newly built, fully brick residence delivers over 4,200 sq. ft. of impeccably designed living space, thoughtfully crafted for modern families who refuse to compromise on luxury or function. A double car garage, a true rarity in the area, provides both convenience and exceptional value.Inside, the home's refined aesthetic is immediately felt. The gourmet chef's kitchen is the centrepiece of the main floor-anchored by custom cabinetry, an oversized island, and a fully equipped butler's pantry. Premium Sub-Zero and Wolf appliances elevate every culinary experience, while the open-concept layout creates effortless flow for both everyday living and large-scale entertaining.Dramatic 10-foot ceilings on the main level and 12-foot ceilings on the lower level amplify natural light, enhancing the home's sense of scale and sophistication. Every finish has been curated to perfection: heated floors, large-format designer tiles, and rich hard wood flooring speak to the home's exceptional craftsmanship and attention to detail.The result is a residence where luxury meets livability-where thoughtful design, timeless materials, and modern comfort converge to create an extraordinary North Forest Hill home.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, School, Library
Interior Features
Carpet Free
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 506 Castlefield Avenue, Toronto C04, ON M5N 1L6
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 $3,299,000 in Toronto, the legal minimum down payment is $659,800 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 $68,950 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $68,950 also applies, bringing the total estimated land transfer taxes to $137,900.
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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.
