316 Salem Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium stucco (plaster) and wood construction, this residence presents an exceptional opportunity offered at $1,799,000 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.
- 4 Bedrooms and 4 Bathrooms
- Premium 25 x 138 ft lot size
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: Bar Fridge, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
**Newly renovated top to bottom modern luxury home boasting impeccable craftsmanship** Every inch of this stunning property has been upgraded, offering a fresh and contemporary living experience. The expansive open concept layout enhances the flow and connectivity of the living spaces, complemented by newer: exterior, porch, roof, deck, hardwood canadian hickory flooring, lighting, doors, kitchen, washrooms, plumbing, european tile flooring, Cabintes, Countetop, Facuet, Windows & MORE. Thoughtfully integrated wood-crafted accents add warmth and character to the home. Open Concept living area with coffered ceiling. The modern kitchen, equipped with a wood-crafted bar & new appliances is a chef's dream.The family area invites you by the deigner gas fireplace or step out onto the new deck for seamless indoor-outdoor living. High 12-foot ceilings on the second floor and 9-foot ceilings on the main floor, create a spacious and airy ambiance. The staircase is a focal point with its lit-up lighting and sleek designer tempered glass railings. Unique Glass Wall Seperating Basement From Main. Prime Bedroom with 3pc ensuite and extra unique attic/lounge area! The beautifully treed and private backyard, fully fenced for added seclusion, offers a serene retreat, while the new deck is perfect for entertaining or relaxing. The underpinned and waterproofed basement features a separate entrance, bedroom with a 3-piece ensuite and rec area. Experience the perfect blend of elegance, comfort, and modern design. This home is ready to welcome its new owners with open arms.
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Bar Fridge, Carpet Free
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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 316 Salem Avenue, Toronto W02, ON M6H 3C7
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 $1,799,000 in Toronto, the legal minimum down payment is $359,800 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 $32,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $32,455 also applies, bringing the total estimated land transfer taxes to $64,910.
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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.
