188 Montclair Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Forest Hill South. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $5,495,000 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.
- 5 Bedrooms and 7 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 40 x 128.25 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A striking architectural statement in prestigious Forest Hill, 188 Montclair Ave offers approx 5000+ sq ft across 4 elevator-serviced levels. Clad in custom dolomite brick & enhanced by Reynaers curtain wall & window systems the home is filled w/ natural light. The dramatic great room features 21' ceilings, floor-to-ceiling glazing & a Ortal floating gas fireplace set against a white brick feature wall - creating an elegant yet welcoming space for everyday living & entertaining. The chef's kitchen is anchored by an oversized island w/ integrated induction cooktop, Caesarstone quartz, dual sinks & dishwashers, and a full suite of premium built-in appliances seamlessly concealed within custom cabinetry & a hidden server's area. Expansive patio doors open to beautifully landscaped grounds. Wide-plank European engineered hardwood runs throughout, complemented by imported Italian tile, including heated porcelain floors on the lower level & a luxurious primary ensuite clad in Laminam slabs w/ radiant heat. Each bedroom features its own ensuite bath, rainfall shower & custom built-ins. The third-floor primary retreat offers dual walk-in closets, spa-inspired 6-pc ensuite, wet bar, bespoke millwork & walkout to a south-facing rooftop terrace w/ CN Tower views. The lower level adds exceptional living space w/ heated floors, rec room w/ a Napoleon gas fireplace, theatre, wet bar, guest suite & ample storage. Additional features include smart home integration, built-in speakers, security & camera monitoring, automated irrigation & landscape lighting, two furnaces, concrete foundation & torch-on roof system. An extra-wide heated driveway accommodates four vehicles in addition to the attached garage w/ EV capability. A rare offering defined by scale, craftsmanship & modern sophistication in one of Toronto's most coveted neighbourhoods.
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Pricing & Value Insights
Data-driven valuation for 188 Montclair Avenue, Toronto C03, ON M5P 1P9
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 $5,495,000 in Toronto, the legal minimum down payment is $1,099,000 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 $123,850 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $123,850 also applies, bringing the total estimated land transfer taxes to $247,700.
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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.
