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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Kingsway South. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,498,000 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.
Welcome to 11 Kings Lynn, a stunning gem on one of Kingsway's most prestigious and sought-after streets. Set on a 50ftx 125ft lot, this exquisite home boasts over 3,000 square feet of liveable space, exuding warmth and charm. Step inside to find meticulously maintained interiors with numerous enhancements, including newer windows that flood the home with natural light. Enjoy cozy evenings by the fire in the elegant living room. The open-concept family room and dining room, enhanced by a skylight and custom chef's kitchen, create the perfect setting for entertaining. Spacious principal rooms flow seamlessly, and French doors lead to an expansive backyard with a lush garden oasis, perfect for outdoor living and relaxation. The private lower level features a versatile in-law suite with recreation room, fireplace, large bedroom, 2-pc bath, and 4-pc ensuite. Located within the esteemed LKS school district, this property offers unmatched convenience with proximity to the subway, shops, schools and restaurants. Downtown and the airport are easily accessible. Don't miss the list of upgrades that add exceptional value to this remarkable home. Experience the epitome of elegant living at 11 Kings Lynn!
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Data-driven valuation for 11 Kings Lynn Road, Toronto W08, ON M8X 2M9
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 $2,498,000 in Toronto, the legal minimum down payment is $499,600 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 $48,925 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $48,925 also applies, bringing the total estimated land transfer taxes to $97,850.
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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.