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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Forest Hill South. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,388,000 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.
Located in one of Toronto's most established and prestigious neighbourhoods ------------- 603 Spadina Rd sits on a premium 50 ft lot & RECENTLY UPDATES(FULLY/NEWLY FINISHED, HI CEILING with UNDERPIN BASEMENT, NEWER FLOOR, NEWER KITCHEN, NEWLY PAINTED, WIDEN INTERLOCKING DRIVEWAY---SPENT $$$$) ------------- surrounded by luxury custom homes and ongoing redevelopment. Whether your vision is to restore and personalize a character home, or to take advantage of the lot and pursue a new build, this address presents flexibility that is increasingly hard to find in Forest Hill.The home offers a functional layout with generous room sizes and solid structure, with a separate entrance to a potential rental income basement ($$$).This beautifully updated home features a brand new interlocking widened driveway with parking for up to 3 cars, a newly finished basement with high ceilings, and new flooring throughout all levels. The spacious second floor offers 4 generously sized bedrooms, making it perfect for families.Walking distance to top-tier private schools(UCC,BSS) parks, transit, and the amenities of Forest Hill Village, this is a strategic acquisition for buyers looking beyond turnkey properties and focusing on location-driven upside.
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Park, School, Rec./Commun.Centre, Place Of Worship, Other
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Data-driven valuation for 603 Spadina Road, Toronto C03, ON M5P 2X1
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 $2,388,000 in Toronto, the legal minimum down payment is $477,600 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 $46,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $46,175 also applies, bringing the total estimated land transfer taxes to $92,350.
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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.