46 Ravenscrest Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Princess-Rosethorn. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $2,480,000 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 5 Bathrooms
- Premium 50 x 168 ft lot size
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Indoor-outdoor beauty blends harmoniously in this most coveted neighbourhood. Custom built with impeccable clean lines define the architectural artistry seen throughout the home. A crisp and colourful style, and open concept with numerous amenities infuse the home with warmth and comfort.The kitchen is a gourmet chefs dream with top of line appliances and a walk-out to a terrace overlooking the garden and lush mature ravine. Enjoy alfresco dining under the moon and stars. Flooded with natural light, energy efficient an ideal home for nature lovers.The principal suite with a spa bath. The second level offers 3 additional suites. The lower level for entertaining offers an open home theatre, exercise/work-out space and games room along with an additional bedroom.The outdoors offers a private and mature setting. A world of magnificence awaits!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 46 Ravenscrest Drive, Toronto W08, ON M9B 5M7
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 $2,480,000 in Toronto, the legal minimum down payment is $496,000 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 $48,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $48,475 also applies, bringing the total estimated land transfer taxes to $96,950.
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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.
