126 Homewood Avenue, Toronto, ON

$3,288,000
MLS#:C9230233
6 beds
7 baths
6.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Newtonbrook West. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $3,288,000 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.

  • 6 Bedrooms and 7 Bathrooms
  • Premium 50 x 132 ft lot size
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, Sump Pump, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Beautifully Designed & Meticulously Custom Residence Built In 2021 On A Prime 50 X 132 Feet Lot In A Convenient & Coveted Location, Steps Away From Vibrant Yonge Street & All Amenities. * Approx 6,000 Sq.Ft of Living Space ( 4,255 Sq.Ft in 1st&2nd Floor )!! 4+2 Bedroom,7 Washroom! This Contemporary Style Warm Welcoming Family Home Features Perfect Architectural Layout, Spectacular Millwork, Hardwood/Porcelain Floor Throughout, Herringbone Pattern Hardwood with A Border in Grand Living & Dining Room and Amazing Wine Rack in Dining Room, Coffered/Dropped Ceiling With Ropelight, Layers Of Moulding, Wall Panelled, Wall Units With Designer Accent, Led Pot Light, Solid Doors, Custom B/I Closet Organizer! Chef Inspired Kitchen with High-End Appliances, Quality Cabinets, A Large Servery and Pantry Including A Wine Cooler, Extra Fridge & Freezer! Breakfast Area W/O To A Large Deck With B.B.Q Gas Line Perfect For Family Entertainment. 10' Ceiling In 1st Flr&2nd Flr (Including Coffered Cling), 11.5 Ft Ceiling in Basement Rec Room! The Captivating Family Room Has A Gorgeous Wall Unit and Full R/I Built-In Home Theatre Speaker System For Entertaining! Coffered Ceilings with Rope Lighting, B/I Shelves & Wall Units, And Gas Fireplace. Oak Open-Rising Staircase with Night Light and Glass Railing and Oak Hand-railing with Skylight Above. Breathtaking Master Bedroom with Fabulous Central Entrance W/Skylight, An Exquisite Heated Floor 7-Pc Ensuite, Boundless Walk-In Closet with A Make-up Desk and Skylight,And A Fireplace and Sitting Area. Professionally Finished Heated Floor Basement Features An Enormous Open Concept Entertainment Space Equipped With R/I Home Theatre Sound System and B/I Speakers, Beautiful Wetbar and Island, and A Fireplace, A bedroom and 3-Pc Bath, A Nanny's Quarters Includes A Bedroom and 3-Pc Ensuite and the Second Laundry!4 Fireplaces:2 Gas Fireplaces in Living&Family Rm &2 Electric Fireplace in Maser Bedrm& Basement Rec Rm.Stone in Facade and Brick in Sides&Back

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Key Features

Bedrooms
6
Bathrooms
7
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 20, 2024
Sold price information is available to members only
Listed Date7/29/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone, Brick
BasementFinished with Walk-Out
Lot Size50 × 132 Feet
CountyToronto
Annual Tax$16,137.15
Legal DescriptionLT 143 PL 2366 TWP OF YORK; TORONTO (N YORK) , CITY OF TORONTO

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Central Vacuum, Sump Pump, Water Heater Owned

Security Features

Community Features

Location

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126 Homewood Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 126 Homewood Avenue, Toronto C07, ON M2M 1K3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$657,600 (20.0%)
* Minimum Canadian down payment required for this price is $657,600.
Amortization Period25 Years
Estimated Monthly Payment$15,675Based on a loan of $2,630,400 over 25 years.
Purchase Price$3,288,000
Loan Amount$2,630,400
Provincial Land Transfer Tax:$68,675
Toronto Municipal Land Transfer Tax:$68,675
Total Estimated Closing Taxes:$137,350

About Purchasing a Home in Toronto, ON

For a property listed at $3,288,000 in Toronto, the legal minimum down payment is $657,600 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 $68,675 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $68,675 also applies, bringing the total estimated land transfer taxes to $137,350.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Newtonbrook West, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,091,256

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Antoine Daniel
Public160 Finch Avenue West, North York, Toronto, Ontario, M2N 2J2
5.8
St Paschal Baylon
Public15 St Paschal Court, Toronto, Ontario, M2M 1X6
7.2
Earl Haig
Public100 Princess Avenue, North York, Toronto, Ontario, M2N 3R7
6.9
St Gabriel
Public396 Spring Garden Avenue, North York, Toronto, Ontario, M2N 3H5
5.4
St Andrew
Public131 Fenn Avenue, Toronto, Ontario, M2P 1X7
4.1

Secondary Schools

Monseigneur-de-Charbonnel
Public110 Drewry Avenue, North York, Toronto, Ontario, M2M 1C8
6.2
Newtonbrook
Public155 Hilda Avenue, Toronto, Ontario, M2M 1V6
5.9
Northview Heights
Public550 Finch Avenue West, Toronto, Ontario, M2R 1N6
6.7
Earl Haig
Public100 Princess Avenue, North York, Toronto, Ontario, M2N 3R7
8.9
Cardinal Carter-Arts
Public36 Greenfield Avenue, North York, Toronto, Ontario, M2N 3C8
9.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.