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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of The Beaches. Expertly crafted featuring premium brick and hardboard construction, this residence presents an exceptional opportunity offered at $2,389,000 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.
Welcome to this most exceptional detached family home in the Beach(es), where extensive and award-winning renovations of the highest calibre honour its Edwardian history while seamlessly infusing style, comfort, refinement & modernity (Architect: Moss Sund). A proper foyer with double closet looks into a stylish front den with fireplace that provides the flexibility of being an intimate dining room if preferred, and can all be closed off from the rest of the house via a discreet pocket door. As you pass through the foyer you'll be greeted by herringbone floors and a spacious living room with bay window that overlooks an exquisite British-designed chefs kitchen with Scandinavian sensibility by DesignStrom that features soap stone counters and backsplash, Farrow & Ball off-black cabinetry with custom hardware pulls, centre island, breakfast bar and a custom built Bertazonni dual fuel range. The kitchen is the heart of this home and won 1st place with the National Kitchen & Bathroom Association (NKBA) in 2022. Natural light floods the rear main floor addition (currently the dining room but also wired to be a stunning family room) with split roof vaulted ceiling, floor-to-ceiling windows and sliding glass walk-out to a multi-level deck and charming private landscaped back garden. The second floor provides spacious bedrooms, including the primary with a wall-to-wall custom wardrobe system, closet & bay window. The finished basement was underpinned and provides 8 ft ceilings, polished concrete floors, rear office/multi-purpose room, large recreation room, 3-piece bathroom, laundry room with practical bike/dog shower & lots of extra storage. 68 Herbert also provides the option to expand the 3rd floor in the future and cleverly already has the rough-ins. All located within the lakeside lifestyle; steps to Queen, Kew Gardens & Woodbine Parks, the boardwalk & beach, schools, transit & more. This distinguished and bespoke home is a stand-out that is ready for its next family.
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Data-driven valuation for 68 Herbert Avenue, Toronto E02, ON M4L 3P9
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 $2,389,000 in Toronto, the legal minimum down payment is $477,800 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 $46,200 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $46,200 also applies, bringing the total estimated land transfer taxes to $92,400.
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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.