261 Wright Avenue, Toronto, ON

$2,895,000
MLS#:W8472276
5 beds
4 baths
1.0 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This listing is no longer active (Sold)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 3-Storey detached located in the coveted neighborhood of High Park-Swansea. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,895,000 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 4 Bathrooms
  • Premium 27.5 x 100 ft lot size
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: None
  • equipped with wall unit(s) central cooling and highly efficient radiant heating via gas

Description

Welcome To Roncesvalles! This Spectacular 1918-Built Edwardian Classic Offers The Quintessential Combination Of Old-World Character & Charm, With Today's Modern Conveniences. Wainscotting, Crown Moulding, & French Doors Decorate The Traditional Front Dining Room, Leading To The Oversized Chefs Kitchen With Built-In Breakfast Table, Upgraded Appliances, & Pantry. Decadent Second Floor Layout With Sun-Drenched, Spa-Like Ensuite Bathroom Adjacent To The Primary Bedroom, Plus Traditional Family Room (Converted From 2 Bedrooms) Offering A Wonderful Space To Spend Time With The Whole Family! Third Level Provides Three Spacious Bedrooms & 4-Piece Bathroom. Basement Rec Room & 5th Bedroom Offer Even More Space . This House Is Deceivingly Large! Exceptional Back Deck, Flagstone Patio, & Landscaped Lawn Perfect For Entertaining, & Just In Time For Summer!

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 19, 2024
Sold price information is available to members only
Listed Date6/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style3-Storey
ConstructionBrick
BasementFinished, Separate Entrance
Lot Size27.5 × 100 Feet
CountyToronto
Annual Tax$11,516.11
Legal DescriptionPLAN 772 BLK A PT LOT 20 PT LOT 21

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingWall Unit(s)

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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261 Wright Avenue, 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 261 Wright Avenue, Toronto W01, ON M6R 1L7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$579,000 (20.0%)
* Minimum Canadian down payment required for this price is $579,000.
Amortization Period25 Years
Estimated Monthly Payment$13,801Based on a loan of $2,316,000 over 25 years.
Purchase Price$2,895,000
Loan Amount$2,316,000
Provincial Land Transfer Tax:$58,850
Toronto Municipal Land Transfer Tax:$58,850
Total Estimated Closing Taxes:$117,700

About Purchasing a Home in Toronto, ON

For a property listed at $2,895,000 in Toronto, the legal minimum down payment is $579,000 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 $58,850 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $58,850 also applies, bringing the total estimated land transfer taxes to $117,700.

Nearby Listings

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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$1,168,439

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.