89 Ellsworth Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Wychwood. Expertly crafted featuring premium brick and board & batten construction, this residence presents an exceptional opportunity offered at $2,499,000 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 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 40 x 105.42 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Floor Drain, Separate Hydro Meter, Storage
- Efficient water heating via gas
Description
Located in the coveted Wychwood neighbourhood near Hillcrest Public School, 89 Ellsworth offers a rare opportunity for families, investors, or builders. This Tudor-style home sits on a 40-foot lot and features four bedrooms, four bathrooms, four porches, and a private drive leading to a four-car garage. Currently configured as a four-unit rental generating over $100,000 in annual income, the property offers flexibility for investors or for those seeking a live-in income opportunity. It may also appeal to buyers looking to renovate, modernize, or reconfigure the existing space to suit their needs. The lot benefits from two street frontages, including Hocken Avenue, offering potential development flexibility, subject to approvals. Located steps from the shops, cafés, and restaurants of St. Clair West and close to Wychwood Barns, parks, and transit, with convenient access to the subway and downtown.
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Key Features
Additional Details
Property Details
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Features
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Interior Features
Floor Drain, Separate Hydro Meter, Storage, Water Heater
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Community Features
Location
Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 89 Ellsworth Avenue, Toronto C02, ON M6G 2K4
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 $2,499,000 in Toronto, the legal minimum down payment is $499,800 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 $48,950 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $48,950 also applies, bringing the total estimated land transfer taxes to $97,900.
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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.
