40 Elgin Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2 1/2 Storey semi-detached located in the coveted neighborhood of Annex. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $3,499,000 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.
- 3 Bedrooms and 4 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 23.19 x 138.5 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Auto Garage Door Remote, Water Heater
- equipped with other central cooling and highly efficient water heating via gas
Description
Welcome to this timeless treasure on one of the Annex's most charming streets. Brimming with architectural character, this home showcases replicas of original windows, French doors, coved ceilings, original staircases, and banisters beautifully complemented by high-quality renovations over the years. Lovingly maintained for decades, it offers a perfect blend of elegance and comfort. The main floor boasts elegant principal rooms, ideal for both entertaining and everyday living. Upstairs, the second floor features a stunningly spacious family room overlooking the streetscape, along with a private hallway leading to two well-appointed bedrooms and a shared bath. The third floor has been reimagined as a luxurious primary suite, complete with ample closet space, custom built-ins, and a four-piece bath. Outside, the landscaped backyard provides a serene retreat with a patio and garden for outdoor enjoyment. A built-in garage and private driveway with two parking spaces add exceptional value in this sought-after neighbourhood. Steps from the exclusive shops of Yorkville and Bloor St., grocery stores including Whole Foods, upscale restaurants, TTC, parks, U of T, and so much more.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Library, Park, School
Interior Features
Auto Garage Door Remote, Water Heater
Security Features
Alarm System
Community Features
Location
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 Elgin Avenue, Toronto C02, ON M5R 1G6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $3,499,000 in Toronto, the legal minimum down payment is $699,800 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 $73,950 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $73,950 also applies, bringing the total estimated land transfer taxes to $147,900.
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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.
