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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Yonge-Eglinton. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,995,000 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 Home To This Extra Large 4+1 Bedroom, 4 Bathroom Home On One Of The Best Blocks In Chaplin Estates. With An Existing 3 Storey Addition & Over 4,500 Square Feet Of Total Living Space, This Spacious West-Facing Property In The Heart Of The Neighbourhood Offers Endless Possibilities. The Main Floor Features Large Principal Rooms Including A Welcoming Foyer, Spacious Living Room With Wood Burning Fireplace Overlooking The Covered Front Porch, Formal Dining Room, Large Eat-In Kitchen With Centre Island, Breakfast Area & A Walkout To The Deck & Backyard, A Huge Sunken Family Room, A Mudroom With Direct Entry From A Covered Carport & A 2 Piece Powder Room. Upstairs You'll Find 4 Well Proportioned Bedrooms Including A Large Primary Suite Featuring A 4 Piece Ensuite Bathroom, Walk-In Closet & Walkout To A Covered Balcony Overlooking The Backyard. The Additional Bedrooms Offer Plenty Of Space For The Whole Family To Spread Out With Lots Of Closet Space, A 4 Piece Family Bathroom, Second Floor Laundry & A Walk-In Linen Closet. On the Lower Level, You'll Find A Large Recreation Room With High Ceilings, Additional 3 Piece Bathroom Plus A 5th Bedroom Offering Flexibility For Use As A Guest Room, Nanny/In-Law Suite Or Home Office. Situated On A 40 x 133.5 Foot Lot, The Backyard Offers Good Depth With A Freshly Rebuilt Deck & Plenty Of Room For The Whole Family. Freshly Painted Throughout, The House Offers Immediate Liveability With Plenty Of Opportunity For Updates That Will Offer Its New Owners Plenty Opportunity To Make Upgrades To Their Tastes.
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Data-driven valuation for 86 Colin Avenue, Toronto C03, ON M5P 2C2
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 $2,995,000 in Toronto, the legal minimum down payment is $599,000 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 $61,350 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $61,350 also applies, bringing the total estimated land transfer taxes to $122,700.
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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.