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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 and wood construction, this residence presents an exceptional opportunity offered at $2,450,000 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.
Nestled On A Rare Deep Lot In One Of Midtown Toronto's Most Desirable Neighbourhoods, This Beautifully Updated Residence Offers The Perfect Blend Of Character, Style, And Modern Convenience. Thoughtfully Renovated Throughout, The Home Features A Bright And Functional Layout Designed For Today's Lifestyle.The Main Floor Showcases A Designer Kitchen With Quality Finishes, Seamlessly Connected To Spacious Principal Rooms Ideal For Everyday Living And Entertaining. A Stunning Rear Family Room Addition With Expansive Glass Features Fills The Space With Natural Light And Provides Views Of The Private Backyard Retreat Complete With Sun Shades, Full-Sized Cedar Deck And New Cedar Fencing. Upstairs, The Generous Primary Suite Serves As A Comfortable Escape, Featuring Ensuite 4 Pc Bath, Custom Walk-In Closet And Elegant Finishes Inspired By Luxury European Design. Two Additional Bedrooms Provide Flexible Space For Families, Guests, Or A Home Office. Hardwood Flooring Extends Throughout The Home, Complemented By Numerous Upgrades Including High-Efficiency Heating And Cooling Systems, Heat Pump With Air Conditioning, Tankless Hot Water, Smart Home Lighting, Motorized Blinds, Pot Lights Throughout, Attic Insulation, Waterproofing, Tuckpointing, Upgraded Drain In Furnace Room And A Newly Constructed Driveway. Extensive Exterior Improvements And Professional Landscaping Represent Over $250,000 In Recent Investment, Creating Outstanding Curb Appeal And Exceptional Outdoor Living Space.Located Within A Highly Sought-After School District And Just Moments From The Beltline, Parks, Recreation, Shopping, Dining, Transit, And The Vibrant Amenities Of Midtown Toronto, This Move-In Ready Home Presents A Rare Opportunity To Own A Meticulously Maintained Property In An Established Family-Oriented Community.
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Data-driven valuation for 79 Elmsthorpe Avenue, Toronto C03, ON M5P 2L8
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 $2,450,000 in Toronto, the legal minimum down payment is $490,000 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 $47,725 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $47,725 also applies, bringing the total estimated land transfer taxes to $95,450.
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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.