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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rockcliffe-Smythe. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,050,000 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.
Wow!!! Fabulous Renovated 2 Storey Detached Stone Facade Home On Almost 37 Ft Wide Lot. Located Mins To Scarlett Woods Golf Course In The Desirable Rockcliffe-Smyth Community. Extra Wide Double Private Drive For 8 Cars Or Rv & 2 Car Garage Or Urban Summer Retreat. Spacious Open Living/Dining Rooms With Many Pot Lights. Spectacular Custom Eat In Kitchen With Granite Counters, Centre Island & Breakfast Bar-Pot Lights, Stainless Steel Appliances & Sliding Glass Doors Lead To The Deck & Patio & Fully Fenced Yard. Garage Can Potentially Be A Laneway House! Second Floor Has 3 Spacious Bedrooms And 2 Reno'd Baths. It Features An Extra Large Prime Bedroom With 5 Pc Ensuite With A Bidet & Jets/Jacuzzi Tub, Large Double Closet & Pot Lights. Laminate Floors Throughout The House. This Home Has A Finished Basement With Separate Walk Up To The Back Yard; Potential In Law Suite. It Has High Ceilings With Pot Lights, Family Room, Bedroom, 3 Pc Bathroom & A Small Kitchenette W/Bar Sink. Easy To Convert To Kitchen. The Home Has A Newer Separate Laundry Room Access From The Back Basement Staircase.This Home Is Located Near Transit, Shopping, Good Schools And Parks. Just Minutes To Bloor St & The Subway. Huge Potentials! Probability To Build A Laneway House Or Second Property!!
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Fenced Yard, Golf, Park, Public Transit, School, School Bus Route
In-Law Capability
Security System, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 197 Lambton Avenue, Toronto W03, ON M6N 2T2
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 $1,050,000 in Toronto, the legal minimum down payment is $210,000 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 $17,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,475 also applies, bringing the total estimated land transfer taxes to $34,950.
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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.