488 St. Clements Avenue, Toronto, ON

$2,049,000
MLS#:C12206066
4 beds
2 baths
1500-2000 sqft
1.0 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This listing is no longer active (Sold)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 Forest Hill North. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $2,049,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 25.03 x 100.13 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to your dream home in the heart of Allenby! Nestled on a quiet, picturesque, tree-lined street in the highly sought-after Allenby School District, this beautifully renovated home offers the perfect blend of modern comfort and timeless charm. From the moment you step inside the arched doorway, you'll be captivated by the warm hardwood floors, elegant pot lights, and the bright and inviting feel that flows throughout. The main floor boasts an open-concept layout ideal for entertaining, featuring a spacious living area with a beautiful bay window and custom-built-in shelves that seamlessly connect the dining room with a walkout to a deck and a beautifully landscaped backyard oasis. The gourmet kitchen is complete with an oversized island, luxury appliances, and a cozy breakfast area that can easily be transformed into apowder room. A second walkout from the kitchen provides even more access to your private outdoor space. Head upstairs where you'll find three generously sized bedrooms perfect for a growing family. The oversized primary bedroom overlooking the front yard feels like a retreat, offering custom California closets, and plenty of natural light. Can't forget to mention the bright and sun-soaked tandem room ideal as a home office or reading nook overlooking the backyard. The fully finished basement with a separate entrance is currently being used as the nanny's suite but also offers exceptional flexibility, including ample built-in storage, a spa-like 3-piece tiled bathroom with heated floors, and space for a family room, or even a home gym. This turnkey home combines location, lifestyle,and luxury. Walk everywhere! Steps to shops, restaurants, and more along Eglinton or take a stroll along the Kay Gardner Beltline Trail to find ample parks. Plus you have the Eglinton LRT coming soon! This home falls within the highly sought-after Allenby School Catchment. Don't miss your chance to live in one of Toronto's most coveted neighborhoods!

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 13, 2025
Sold price information is available to members only
Listed Date6/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stone
BasementFinished, Separate Entrance
Lot Size25.03 × 100.13 Feet
CountyToronto
Annual Tax$8,702.17
Legal DescriptionSee Schedule B

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Public Transit, School, Wooded/Treed, Library, Park

Interior Features

Other

Security Features

Alarm System, Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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488 St. Clements 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 488 St. Clements Avenue, Toronto C04, ON M5N 1M4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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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$409,800 (20.0%)
* Minimum Canadian down payment required for this price is $409,800.
Amortization Period25 Years
Estimated Monthly Payment$9,768Based on a loan of $1,639,200 over 25 years.
Purchase Price$2,049,000
Loan Amount$1,639,200
Provincial Land Transfer Tax:$37,700
Toronto Municipal Land Transfer Tax:$37,700
Total Estimated Closing Taxes:$75,400

About Purchasing a Home in Toronto, ON

For a property listed at $2,049,000 in Toronto, the legal minimum down payment is $409,800 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 $37,700 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $37,700 also applies, bringing the total estimated land transfer taxes to $75,400.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$2,404,497

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

North Preparatory
Public1100 Spadina Road, Toronto, Ontario, M5N 2M6
6.3
West Preparatory
Public70 Ridge Hill Drive, Toronto, Ontario, M6C 2J6
6.2
Bialik Hebrew Day
PublicViewmount Avenue, Toronto, Ontario, M6B 2H5
7.8
Our Lady of the Assumption
Public125 Glenmount Avenue, Toronto, Ontario, M6B 3C2
5.1
Forest Hill
PublicToronto, Ontario, M5P 2W8
8.3

Secondary Schools

Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5
John Polanyi
Public640 Lawrence Avenue West, Toronto, Ontario, M6A 1B1
4.4
Lawrence Park
Public125 Chatsworth Drive, Toronto, Ontario, M4R 1S1
9.1
North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4

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.