16 Elswick Road, Toronto, ON

$998,000
MLS#:E11213567
4 beds
1 baths
3.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of O'Connor-Parkview. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $998,000 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 1 Bathroom
  • Premium 40 x 125 ft lot size
  • Features a separate entrance, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 16 Elswick Road, located in the highly coveted, family-friendly Parkview Hills! This delightful, charming, detached family home sits on a generous 40 x 125 ft lot. It combines classic charm with practical features, offering a separate entrance, an attached garage, a private driveway, original hardwood floors throughout, and a walk out of the dining room to a large deck and the expansive backyard. This property is surrounded by stunning million-dollar homes, tree-lined streets, lush parks, and easy access to the breathtaking Taylor Creek Trail, making it an ideal location for nature lovers and active families. The main floor offers a foyer with a convenient closet, a bright living room with a picture window and a cozy wood fireplace, and a formal dining room that connects with the kitchen and accesses the backyard directly. The second floor features three spacious bedrooms; the master bedroom with a large, mirrored closet, A 4-piece bathroom, and a convenient linen closet in the hallway. The basement offers an extra bedroom that could be used for a rec room, home gym, or office, a laundry/kitchenette area, perfect for extra functionality, and a utility room that offers additional storage. Enjoy the outdoors in the large, fenced, and private backyard, ideal for entertaining, gardening, or for the kids to play. This home offers a balance of character and convenience, with its classic features, ample storage, and a layout that caters to family living. Its great location offers a peaceful suburban feel while still being in the city. Don't miss the opportunity to make this your dream home!

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Key Features

Bedrooms
4
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 5, 2024
Sold price information is available to members only
Listed Date11/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementSeparate Entrance, Partially Finished
Lot Size40 × 125 Feet
CountyToronto
Annual Tax$5,829.61
Legal DescriptionPLAN 3618 LOT 71

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Public Transit, Hospital, Fenced Yard, School

Interior Features

Other

Security Features

Community Features

Location

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16 Elswick Road, Toronto, ON
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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 16 Elswick Road, Toronto E03, ON M4B 2Z5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$74,800 (7.5%)
* Minimum Canadian down payment required for this price is $74,800.
Amortization Period25 Years
Estimated Monthly Payment$5,502Based on a loan of $923,200 over 25 years.
Purchase Price$998,000
Loan Amount$923,200
Provincial Land Transfer Tax:$16,435
Toronto Municipal Land Transfer Tax:$16,435
Total Estimated Closing Taxes:$32,870

About Purchasing a Home in Toronto, ON

For a property listed at $998,000 in Toronto, the legal minimum down payment is $74,800 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 $16,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,435 also applies, bringing the total estimated land transfer taxes to $32,870.

Nearby Listings

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No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,167,756

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.