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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Stonegate-Queensway. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,685,000 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.
Offered for the first time in nearly three decades, this exceptional residence showcases a rare combination of timeless care, thoughtful design, and remarkable versatility. Originally a bungalow and expertly expanded into a spacious 2-storey home, it offers an ideal layout for modern family living while reflecting the pride of ownership that only long-term stewardship can provide. Situated on a desirable corner lot with beautiful curb appeal, a generous outdoor footprint, and an attached garage, this home has a commanding presence in one of Etobicoke's most sought-after family communities. The thoughtfully designed floor plan offers outstanding flexibility. The main floor features 2 well-proportioned bedrooms, ideal for guests, home offices, or growing families, along with spacious principal rooms designed for both everyday living and entertaining. The upper level is dedicated to family living, offering two large bedrooms, including an expansive primary retreat complete with a luxurious ensuite. A substantial bonus upstairs family room provides incredible versatility and could serve as a media room, children's retreat, recreation space, or be converted into an additional bedroom. The finished lower level presents exceptional value and future potential. Featuring a separate entrance, an existing bedroom, a large recreation room, and ample living space, it is perfectly suited for in-law accommodations, multi-generational living, or future income potential. The layout naturally lends itself to a potential secondary suite. With 3 bathrooms, generous living spaces, and endless flexibility to suit a variety of lifestyles, this home is designed to grow and adapt with your family's needs. Ideally located in a safe, established neighbourhood close to parks, schools, shopping, transit, and major highways, this is a rare opportunity to acquire a lovingly maintained home where comfort, functionality, and long-term potential come together in the heart of Etobicoke.
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Data-driven valuation for 53 Monkton Avenue, Toronto W07, ON M8Z 4N4
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 $1,685,000 in Toronto, the legal minimum down payment is $337,000 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 $30,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $30,175 also applies, bringing the total estimated land transfer taxes to $60,350.
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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.