1 Friars Lane, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Princess-Rosethorn. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $4,649,000 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 5 Bathrooms
- Generous living space spanning 5000 + sqft on a premium 65 x 167 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: In-Law Capability, Primary Bedroom - Main Floor, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
An unparalleled architectural masterpiece of European elegance, privately nestled on an elite cul-de-sac in prestigious Thorncrest Village. Masterfully designed and personally supervised by renowned architect Rocco Maragna, this extraordinary 7,500+ sq. ft. custom estate seamlessly marries the timeless warmth of Spanish-Revival artistry with bold, avant-garde design. Built with uncompromising craftsmanship, it is a rare trophy property tailored for the discerning buyer who rejects the ordinary.Step through custom Italian black lacquer doors into a breathtaking grand foyer boasting soaring 17-foot ceilings and flooded with natural light. The formal dining room serves as a dramatic centerpiece, anchored by an exquisite, authentic Murano glass chandelier. A gourmet chef's kitchen features premium quartz countertops, high-end built-in appliances, and a seamless flow into the open-concept living spaces-all framed by walls of glass that offer panoramic views of your private outdoor oasis.Designed for ultimate privacy and multi-generational flexibility, the residence offers a rare 5+1 bedroom layout serviced by two distinct staircases and a private commercial-grade elevator accessing all three levels. The expansive lower level is a true entertainment haven, complete with soaring ceiling heights, massive recreational spaces, and a full second kitchen-ideal for grand-scale hosting or an independent nanny suite.Step outside into a resort-style backyard paradise, completely secluded by lush landscaping, featuring a sparkling pool, pristine stonework, and a rare, mature Shishigashira Japanese maple. Situated in an exclusive, high-net-worth enclave, enjoy close proximity to Toronto's premier golf clubs, elite schools, and upscale shopping-all while remaining less than 15 minutes from Pearson International Airport for effortless travel. A 2-car garage completes this turnkey architectural marvel. Truly a must-see!
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Features
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Interior Features
In-Law Capability, Primary Bedroom - Main Floor, Water Heater Owned
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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 1 Friars Lane, Toronto W08, ON M9A 1T6
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 $4,649,000 in Toronto, the legal minimum down payment is $929,800 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 $102,700 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $102,700 also applies, bringing the total estimated land transfer taxes to $205,400.
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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.
