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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Forest Hill South. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $4,400,000 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.
First time on the market in almost 70 years, this residence is the most amazing presentation of the perfect charming home. The location is superb and the possibilities are endless to create your dream residence in such a sought after location in Forest Hill. The stateliness of the delightful facade, the elegance of the principal rooms, the whole home has a warm welcoming feel that is unrivalled. The lot is a fabulous 50 by 135 allowing the lucky new owner a tremendous palate to create their own wonderful family experience. The generous floor plan with eat in kitchen, 5 bedrooms and finished lower level, and just steps from The Village, parks, and some of the finest schools in the country.
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This could be the first listing for this address.
Data-driven valuation for 407 Glenayr Road, Toronto C03, ON M5P 3C8
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 $4,400,000 in Toronto, the legal minimum down payment is $880,000 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 $96,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $96,475 also applies, bringing the total estimated land transfer taxes to $192,950.
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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.