Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Newtonbrook East. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $2,690,000 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.
Quality Built Home* Over 4000 SF of luxurious living* 4 Ensuites Bedrooms* Separate Entrance to Large , Bright One-Bedroom 12-FT ceiling In-Law suite with its own laundry room, Stone Counter-Top Kitchen & Bathroom* $$$ in upgrades* Wall Display Wine/Bar Unit* 10' Ceiling on Main* 9' Ceiling on 2nd Flr* 17' Foyer Height* One of the largest units in the development on larger lot! One bus to subway* Direct Access from Over-Sized Double Garages* Open Concept Modern Kitchen with walk-out to sundeck* Main Floor Office with vaulted ceiling* LED pot Lights* Crown Moulding* Strip Hardwood Floors* 6 washrooms*2 separate laundry rooms*
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Data-driven valuation for 168 Cummer Avenue, Toronto C14, ON M2M 2E7
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 $2,690,000 in Toronto, the legal minimum down payment is $538,000 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 $53,725 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $53,725 also applies, bringing the total estimated land transfer taxes to $107,450.
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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.