Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Bayview Village. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $8,500,000 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.
***Muskoka In The City***Rare opportunity to own a custom-built estate on approximately 2.265 acres, situated on a premium 3-sided ravine lot with breathtaking views of mature trees and the Don River***Gated property offering close to 8,000 sq ft of living space, combining privacy, nature, and luxury***Grand 2-storey foyer with 19-ft ceiling***Main floor features 10-ft ceilings, hardwood flooring, wrought iron railings, solid doors, and detailed wainscotting throughout***Lifetime Roof***Gourmet kitchen with granite countertops***Multiple walk-outs to 2 large decks, 4 solariums, and balcony overlooking the ravine***Well-appointed home with 3 fireplaces, media room, and exceptional finishes including intricate wood trims and mouldings***Lower level designed for entertaining, featuring wet bar, wine cellar, family spa,media room, cedar closet, and a custom-designed cigar room***5 spacious bedrooms, all with ensuite bathrooms***Private grounds include a basketball court and beautifully landscaped surroundings***Located in the highly sought-after Earl Haig Secondary School zone***Minutes to Bayview Village, subway, and all amenities***A unique offering combining Muskoka-like setting with city convenience***
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Cul de Sac/Dead End, Greenbelt/Conservation, Ravine, Wooded/Treed
Central Vacuum, Water Softener, Other
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 59 Hi Mount Drive, Toronto C15, ON M2K 1X3
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 $8,500,000 in Toronto, the legal minimum down payment is $1,700,000 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 $198,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $198,975 also applies, bringing the total estimated land transfer taxes to $397,950.
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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.