405 Richview Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Forest Hill South. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $3,495,000 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.
- 5 Bedrooms and 4 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 40 x 128 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient water heating via gas
Description
Beautifully renovated family home nestled in coveted Forest Hill a true standout in one of Toronto's most prestigious communities. Thoughtfully reimagined with family living and stylish entertaining in mind, this residence offers an exceptional blend of space, comfort, and sophistication. Step into the sun-drenched, oversized living room featuring gleaming heated hardwood floors, a charming bay window, and a cozy gas fireplace the perfect setting for both everyday living and elegant gatherings. The open-concept chef's kitchen is a culinary dream, showcasing an expansive island with seating for four, sleek quartz counters, premium appliances, heated floors and stunning navy cabinetry. Seamlessly connected to the dining area, this space is designed for effortless hosting and meaningful family time. Walk out to your own private backyard oasis, complete with a spacious deck, low-maintenance artificial turf, and exceptional privacy ideal for outdoor entertaining or peaceful relaxation. Upstairs, the luxurious primary retreat features a fully renovated ensuite and a walk-in closet. Three additional bedrooms, a contemporary family bathroom, and a convenient second-level laundry room (easily converted back to a fifth bedroom) complete the upper floor. The fully finished lower level offers a versatile recreation room, play space, guest bedroom, fourth bathroom, and generous storage. The home also includes a full-size garage, recently extended to accommodate a car, and ample additional parking. Perfectly located just a short walk from Forest Hill Junior and Collegiate schools, the charming Forest Hill Village, shops and dining on Eglinton, the subway, and the upcoming LRT this is an opportunity not to be missed.
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Pricing & Value Insights
Data-driven valuation for 405 Richview Avenue, Toronto C03, ON M5P 3G7
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 $3,495,000 in Toronto, the legal minimum down payment is $699,000 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 $73,850 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $73,850 also applies, bringing the total estimated land transfer taxes to $147,700.
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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.
