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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of St. Andrew-Windfields. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $5,500,000 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.
2023 Custom Built. Dramatic Curb Appeal. Unprecedented Attention To Detail. Absolutely No Detail Overlooked. Unbelievably Rare 101' Frontage. Architecturally Significant With Towering Ceilings & Cascading Sun Light. Over 6,000 Square Feet Of The Finest Luxe Finishes And Rich Design. Gourmet Kitchen With Island & Walk-Out To Gardens. Graciously Proportioned Principal Rooms. Elevator Separate And Private Apartment. Primary Bedroom With Spa-Like Ensuite, Sauna And Boutique Style Dress Room. Expansive Lower Level With Nanny Suite, State Of The Art Theatre, Bar And Rec Room. Too Many Features To Name: Snow Melt Drive and Porches, Stunning 3 Car Garage, Heated Floors Throughout, Irrigation Sys, Built-In Speakers And Control 4 Home Auto.
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Data-driven valuation for 189 Old Yonge Street, Toronto C12, ON M2P 1R2
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 $5,500,000 in Toronto, the legal minimum down payment is $1,100,000 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 $123,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $123,975 also applies, bringing the total estimated land transfer taxes to $247,950.
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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.