37 Latimer Avenue, Toronto, ON

$2,495,000
MLS#:C8403284
4 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This listing is no longer active (Sold)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 2-Storey detached located in the coveted neighborhood of Lawrence Park South. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $2,495,000 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.

  • 4 Bedrooms and 4 Bathrooms
  • Premium 25 x 110 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 with a convenient detached configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Contemporary detached residence on a prime street in the highly sought-after Allenby neighbourhood, renowned for its top tier school district & family friendly atmosphere. The stunning renovation includes a 3-level addition which creates a sophisticated & elegant space ideal for both casual living & stylish entertaining. The open concept main level with hardwood floors features a modern staircase with glass railings & a stunning reclaimed brick accent wall. The spacious living room has a gorgeous bay window which fills the space with natural light & the separate dining room is perfect for formal entertaining. The gourmet Richelieu kitchen features grey lacquer cabinetry with soft-close drawers, Carrara marble countertops & backsplash, centre island w/ breakfast bar seating & storage, a double stainless steel sink & floating display shelves. The family room is combined with the kitchen both of which overlook the spectacularly landscaped yard. French doors walk out to a private oasis with cedar deck & fencing, raised gardens, mature trees & a storage garage. A 2-pc powder room, guest closet & side entrance complete the 1st floor. The luxurious & spacious primary retreat has a dressing room plus a 5-pc ensuite with marble floor, marble shower & soaker tub! Two additional bedrooms with ample closets, a 4-pc piece washroom, skylights & a linen closet complete the spacious upstairs. The finished lower level with its own side entrance, offers a recreation room w/ built-ins (bonus kitchen rough-in), an expansive & separate media room that could also serve as a 4th bedroom, a 4-pc bathroom, laundry & ample storage. This home is move in ready & the mid-town location provides access to top rated schools including Allenby Public School, Glenview & North Toronto Collegiate & nearby top private schools including Havergal, UCC, BSS & St. Clement's. Enjoy the convenience of the upcoming Chaplin LRT & the shops & restaurants along the Eglinton Ave corridor. Legal front pad parking.

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Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 9, 2024
Sold price information is available to members only
Listed Date6/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone
BasementFinished, Separate Entrance
Lot Size25 × 110 Feet
CountyToronto
Annual Tax$10,780.32
Legal DescriptionPLAN M387 PT LOTS 48 & 49

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, Fenced Yard

Interior Features

Carpet Free

Security Features

Community Features

Location

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37 Latimer 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 37 Latimer Avenue, Toronto C04, ON M5N 2M1

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.

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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$499,000 (20.0%)
* Minimum Canadian down payment required for this price is $499,000.
Amortization Period25 Years
Estimated Monthly Payment$11,895Based on a loan of $1,996,000 over 25 years.
Purchase Price$2,495,000
Loan Amount$1,996,000
Provincial Land Transfer Tax:$48,850
Toronto Municipal Land Transfer Tax:$48,850
Total Estimated Closing Taxes:$97,700

About Purchasing a Home in Toronto, ON

For a property listed at $2,495,000 in Toronto, the legal minimum down payment is $499,000 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 $48,850 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $48,850 also applies, bringing the total estimated land transfer taxes to $97,700.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$2,916,347

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

John Ross Robertson
Public130 Glengrove Avenue West, Toronto, Ontario, M4R 1P2
8.5
St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Blessed Sacrament
Public24 Bedford Park Avenue, Toronto, Ontario, M5M 1H9
8.1
John Wanless
PublicBrookdale Avenue, Toronto, Ontario, M5M 1P6
8.7
Bedford Park
PublicToronto, Ontario, M5M 1P6
9.3

Secondary Schools

Lawrence Park
Public125 Chatsworth Drive, Toronto, Ontario, M4R 1S1
9.1
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
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.