42B Florence Avenue, Toronto, ON

$2,350,000
MLS#:C12048736
3 beds
4 baths
2000-2500 sqft
2.0 parking
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This listing is no longer active (Sold)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 2-Storey detached located in the coveted neighborhood of Lansing-Westgate. Expertly crafted featuring premium aluminum siding and brick front construction, this residence presents an exceptional opportunity offered at $2,350,000 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 2000-2500 sqft on a premium 25 x 130 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned, Built-In Oven
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This exceptional, brand-new residence, located in the heart of the Yonge and Sheppard corridor, offers an unparalleled blend of luxury, sophistication, and functionality. Boasting over 3,000 square feet of meticulously designed living space, this south-facing architectural masterpiece is a rare find. With soaring ceilings and an abundance of natural light, the homes refined design flows effortlessly from one stunning space to the next, including a spacious open-concept living and dining area ideal for both intimate gatherings and large-scale entertaining. The chef-inspired kitchen is a true focal point, featuring custom cabinetry, a waterfall island with seating, and premium built-in appliances, creating the perfect environment for culinary exploration. The luxurious family room is complete with a quartz wrapped gas fireplace complimented with custom cabinetry to complete the stylish space. Upstairs, the serene primary suite is a true retreat, complete with a private balcony, spa-like 5-piece ensuite, and walk-in wardrobe with bespoke closets. Two generously sized additional bedrooms, and a gallery-style hallway finishes the well-crafted space. The basement is designed for both comfort and style, with heated floors, a walk-out basement, and seamless indoor-to-outdoor living, perfect for hosting or unwinding Additional features include a heated foyer and washrooms, two laundry rooms, and the latest in smart home technology, with a Control 4 system and integrated speakers throughout. With exquisite craftsmanship and high-end finishes at every turn, this home is an unparalleled offering for the most discerning buyer, complete with a Tarion Home Warranty for peace of mind.

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Key Features

Bedrooms
3
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 25, 2025
Sold price information is available to members only
Listed Date3/28/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionAluminum Siding, Brick Front
BasementFinished with Walk-Out
Lot Size25 × 130 Feet
CountyToronto
Annual Tax$6,596.11
Legal DescriptionLOT 324 PL 1743 TWP OF YORK PART 2, 66R31117 CITY OF TORONTO

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater Owned, Built-In Oven

Security Features

Community Features

Location

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42B Florence 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 42B Florence Avenue, Toronto C07, ON M2N 1E9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$470,000 (20.0%)
* Minimum Canadian down payment required for this price is $470,000.
Amortization Period25 Years
Estimated Monthly Payment$11,203Based on a loan of $1,880,000 over 25 years.
Purchase Price$2,350,000
Loan Amount$1,880,000
Provincial Land Transfer Tax:$45,225
Toronto Municipal Land Transfer Tax:$45,225
Total Estimated Closing Taxes:$90,450

About Purchasing a Home in Toronto, ON

For a property listed at $2,350,000 in Toronto, the legal minimum down payment is $470,000 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 $45,225 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $45,225 also applies, bringing the total estimated land transfer taxes to $90,450.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,168,214

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

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

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.