40 Bain Avenue, Toronto, ON

$2,099,000
MLS#:E10411213
5 beds
4 baths
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This listing is no longer active (Sold)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 semi-detached located in the coveted neighborhood of North Riverdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,099,000 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 19.42 x 130 ft lot size
  • Features a separate entrance, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available
  • Notable attributes: In-Law Suite, Upgraded Insulation, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

You belong on Bain Avenue, where timeless charm meets modern living on one of Riverdale's most picturesque tree-lined streets. Nestled within the coveted Withrow School District, this expansive three-storey residence features 4+1 bedrooms, 4 bathrooms and an underpinned, waterproofed basement, complete with 8ft+ ceilings and a separate walkout at grade. Upon entry, the main floor greets you with a bright, open-concept living and dining area that flows seamlessly into a renovated kitchen. The kitchen features quartz countertops, a centre island, and a full-wall length pantry that opens onto a rare family room with lush, serene views. A coveted powder room completes the main level. On the second floor, you'll find three generously sized bedrooms, each offering ample closet space, and a family bathroom. Ascend to the third floor to discover a luxurious primary suite retreat, designed for relaxation. This retreat accommodates a king-sized bed and includes an ensuite bathroom with a freestanding tub, a walk-in shower, and access to an expansive private deck that immerses you in the tranquility of nature. The fully finished basement features another family room, a guest bedroom with an ensuite, and heated floors ready for connection. The separate walkout offers endless possibilities, making it ideal for in-laws, a home office, or potential rental income. Step outside to a uniquely deep, landscaped backyard, complete with a built-in jacuzzi and a secluded, level grassy area perfect for children to play. This grassy area may also qualify for a garden suite. With dedicated laneway parking available on Bain Avenue, and no houses immediately across from the home, street parking is abundant. Enjoy the convenience of being just steps away from the TTC, Riverdale Park, and Withrow Park. Experience not just a house, but the true heart of Riverdale community living at 40 Bain Avenue.

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 13, 2024
Sold price information is available to members only
Listed Date11/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural Style3-Storey
ConstructionBrick
BasementSeparate Entrance, Finished with Walk-Out
Lot Size19.42 × 130 Feet
CountyToronto
Annual Tax$7,975.47
Legal DescriptionPT LT 28-29 PL 657 CITY EAST AS IN CA484427; CITY OF TORONTO

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School, Public Transit, Park, Hospital, Library, Fenced Yard

Interior Features

In-Law Suite, Upgraded Insulation, Sump Pump

Security Features

Community Features

Location

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40 Bain 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 40 Bain Avenue, Toronto E01, ON M4K 1E6

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$419,800 (20.0%)
* Minimum Canadian down payment required for this price is $419,800.
Amortization Period25 Years
Estimated Monthly Payment$10,007Based on a loan of $1,679,200 over 25 years.
Purchase Price$2,099,000
Loan Amount$1,679,200
Provincial Land Transfer Tax:$38,950
Toronto Municipal Land Transfer Tax:$38,950
Total Estimated Closing Taxes:$77,900

About Purchasing a Home in Toronto, ON

For a property listed at $2,099,000 in Toronto, the legal minimum down payment is $419,800 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 $38,950 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $38,950 also applies, bringing the total estimated land transfer taxes to $77,900.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,505,380

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

Withrow Avenue
Public25 Bain Avenue, Toronto, Ontario, M4K 1E5
7.8
Frankland
Public816 Logan Avenue, East York, Toronto, Ontario, M4K 3E1
6.3
Holy Name
Public690 Carlaw Avenue, East York, Toronto, Ontario, M4K 3K9
5.7
Jackman Avenue
Public79 Jackman Avenue, Toronto, Ontario, M4K 2X5
8.0
Blake Street
Public21 Boultbee Avenue, Toronto, Ontario, M4J 1A7
5.8

Secondary Schools

Rosedale Heights-Arts
Public711 Bloor Street East, Toronto, Ontario, M4W 1J4
8.0
Riverdale
Public1094 Gerrard Street East, Toronto, Ontario, M4M 2A1
8.7

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.