88 Old Colony Road, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of St. Andrew-Windfields. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $4,980,000 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.
- 5 Bedrooms and 5 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 98.8 x 160.71 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Central Vacuum, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare opportunity to secure a premier footprint within Toronto's most esteemed residential corridor, where the prestige of Bayview and York Mills meets the grandeur of The Bridle Path. This expansive 99-foot wide lot is nestled on a tranquil, tree-lined street, offering an exceptional degree of privacy and a lush backdrop of mature greenery. Currently featuring a substantial 2-storey residence with a finished walk-out basement and a private inground pool, the property serves as a magnificent foundation for those looking to renovate a classic estate or commission a bespoke architectural landmark. Positioned just moments from the exclusive Granite Club and the city's top-tier private and public schools, this address offers a lifestyle defined by both refinement and convenience. Whether you are drawn by its auspicious house number or its unrivaled development potential, this property is a true statement piece for the discerning investor or homeowner looking to build their legacy in a neighborhood synonymous with wealth and distinction.
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Central Vacuum, In-Law Capability
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 88 Old Colony Road, Toronto C12, ON M2L 2K2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $4,980,000 in Toronto, the legal minimum down payment is $996,000 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 $110,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $110,975 also applies, bringing the total estimated land transfer taxes to $221,950.
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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.
