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Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Annex. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $3,995,000 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.
Don't Miss This Rare Opportunity For A Back-To-The-Bricks Custom Rebuilt Detached Home On The South Side Of Coveted Gibson Avenue With Gorgeous Views Over Ramsden Park! The Ideal Summerhill Location, Steps To Boutique Shops, Amazing Restaurants, The Best Fresh Markets & Rosedale Subway Station. This Three-Storey Classic Brick Home Offers Over 2850 Square Feet Of Tastefully-Designed Space Over Four Levels. The Welcoming Main Floor Features A Cozy Living Room With A Linear Gas Fireplace, A Great Open Concept Dining Room With A Walkout To A Low Maintenance Urban Oasis & Two-Car Garage. The Chef's Kitchen Features Top Line Appliances, Custom Cabinetry by Icon Kitchens and a Caesarstone Waterfall Breakfast Island. The Second Floor Family Room With A Custom Onyx Bar & SubZero Bar Fridge Is A Perfect Place To Relax Or Convert Back To A Fourth Bedroom. Two Additional Bedrooms And 4-Piece Bath Complete The Level. The Third Floor Is Truly A Spacious Primary Retreat With A Large Closet-Lined Dressing Room, Automated Lutron Blackout Blinds, And A Spa-Like 3-Piece Bath With An Oversized Plate Glass Shower With Rainshower & Body Jets. All Tiled Surfaces In The Home Offer Heated Flooring. Extensive Built-Ins Throughout. The Underpinned Full-Height Basement, With Separate Entrance, Heated Floors, A Great Recreation/TV Room With Built-Ins And 3-Piece Bathroom Complete This Upscale Family Or Downsizer Home! Please See Attached Feature Sheet For An Extensive List Of Custom Upgrades. Need More Space? A Garden Suite Report Is Available.
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Water Heater Owned
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Data-driven valuation for 11 Gibson Avenue, Toronto C02, ON M5R 1T4
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 $3,995,000 in Toronto, the legal minimum down payment is $799,000 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 $86,350 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $86,350 also applies, bringing the total estimated land transfer taxes to $172,700.
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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.