39 Commonwealth Avenue, Toronto, ON

$2,089,000
MLS#:E9372700
8 beds
7 baths
5.0 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This listing is no longer active (Sold)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 Kennedy Park. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,089,000 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.

  • 8 Bedrooms and 7 Bathrooms with 2 functional kitchens
  • Premium 40 x 137.5 ft lot size
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

The Perfect 5+3 Bedroom & 7 Bathroom Luxury Detached Home * Modern & Open Concept * Premium 40ft x 137 Lot Size W/ Extended Driveway * Beautiful Curb Appeal W/ Stone, Stucco & ACM Cladding Exterior, 8Ft Tall Entrance Door, Glass Railing For Large Front Porch, 2 Balconies & Exterior Pot Lights * Enjoy 3,900 Sq Ft Of Luxury Living Featuring Wide Engineered Hardwood Flrs, Smoothed Ceilings, High Baseboards, Expansive Windows, Featured Accent Wall, Pot Lights & Glass Railings For Stairs Throughout * Chefs Kitchen W/ White Custom Cabinets, 8ft Centre Island W/ Waterfall Quartz Counters & Backsplash, Under Cabinet Lighting, Double Undermount Sink, Accent Light Over Island & High End Appliances W/ Gas Cooktop & Built-In Wall Oven Combo * Living Rm W/ Fluted Design Accent Wall & Floating Electric Fireplace * Open Sitting & Dining Room Perfect For Family Gatherings * Family Rm W/O To Interlocked Yard * Spacious Primary Bedroom W/ Private Balcony, Large Walk-In Closet W/ Organizers & 5PC Spa Like Ensuite Including Custom Tiles, Frameless Glass Stand Up Shower, Soaker Tub & Raised Double Vanity W/ Plenty Storage * 2nd Flr Multi-Use Rec Area Walk Out To Private Balony * All Spacious Bedrooms W/ Large Windows, Closet Space & Direct Bathroom Access * Finished Bsmt W/ Sep Entrance Featuring 2 Large Rec Areas, Kitchennette W/ Sink, Quartz Counters & Cabinet For Storage * 2 Bedrooms W/ Closet Space & Window, 2 Full 3Pc Bathrooms & Separate Laundry * Professionally Landscaped & Interlocked Yard * Fenced Lot * Perfect Backyard For Entertainment * Must See! Dont Miss

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Key Features

Bedrooms
8
Bathrooms
7
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 9, 2024
Sold price information is available to members only
Listed Date9/29/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone, Stucco (Plaster)
BasementFinished, Separate Entrance
Lot Size40 × 137.5 Feet
CountyToronto
Annual Tax$4,392
Legal DescriptionLT 184 PL 2029 SCARBOROUGH; TORONTO , CITY OF TORONTO

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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39 Commonwealth 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 39 Commonwealth Avenue, Toronto E04, ON M1K 4K1

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$417,800 (20.0%)
* Minimum Canadian down payment required for this price is $417,800.
Amortization Period25 Years
Estimated Monthly Payment$9,959Based on a loan of $1,671,200 over 25 years.
Purchase Price$2,089,000
Loan Amount$1,671,200
Provincial Land Transfer Tax:$38,700
Toronto Municipal Land Transfer Tax:$38,700
Total Estimated Closing Taxes:$77,400

About Purchasing a Home in Toronto, ON

For a property listed at $2,089,000 in Toronto, the legal minimum down payment is $417,800 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 $38,700 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $38,700 also applies, bringing the total estimated land transfer taxes to $77,400.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$863,590

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 Maria Goretti
Public21 Kenmark Boulevard, Scarborough, Toronto, Ontario, M1K 3N8
5.3
Brock
Public140 Chestnut Crescent, Scarborough, Toronto, Ontario, M1L 1Y5
7.6
St Joachim
Public3395 St Clair Avenue East, Scarborough, Toronto, Ontario, M1L 1W3
4.5
J G Workman
Public487 Birchmount Road, Scarborough, Toronto, Ontario, M1K 1N7
4.7
St Theresa Shrine
Public2665 Kingston Road, Scarborough, Toronto, Ontario, M1M 1M2
7.3

Secondary Schools

W A Porter
Public40 Fairfax Crescent, Scarborough, Toronto, Ontario, M1L 1Z9
7.9
R H King
Public3800 St Clair Avenue East, Scarborough, Toronto, Ontario, M1M 1V3
7.3
Philippe-Lamarche
Public2850 Eglinton Avenue East, Scarborough, Toronto, Ontario, M1J 2C8
6.0
Winston Churchill
Public2239 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1P 2P7
3.4
Birchmount Park
Public3663 Danforth Avenue, Scarborough, Toronto, Ontario, M1N 2G2
4.3

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.