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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.
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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Data-driven valuation for 39 Commonwealth Avenue, Toronto E04, ON M1K 4K1
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 $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.
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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.