5 Killarney Road, Toronto, ON
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Property Highlights
Welcome to this remarkable 2 1/2 Storey duplex located in the coveted neighborhood of Forest Hill South. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $2,550,000 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.
- 7 Bedrooms and 5 Bathrooms with 3 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 40 x 105 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Garburator, Guest Accommodations, In-Law Suite
- equipped with central air central cooling and highly efficient water heating via gas
Description
Exceptional Forest Hill duplex offering over 5,000 sq. ft. of total living space in one of Torontos most prestigious neighbourhoods. Each of the two spacious three-bedroom suites is designed with generously sized living and dining rooms, perfect for entertaining or family gatherings, and both feature charming fireplaces that create a warm and inviting atmosphere. The main level has been updated with brand-new hardwood floors, while new carpeting throughout the rest of the home adds a fresh, modern feel. This rare property is perfectly suited for multi-generational families or two couples looking to downsize without compromise, while also presenting an excellent investment opportunity. The fully contained basement apartment provides a separate living space with the potential for rental income, and the third floor offers additional possibilities to create another suite if desired. Situated on a prestigious tree-lined street surrounded by luxury homes, this residence offers the best of Forest Hill living. Just steps to top-rated schools, lush parks, and the boutique shops and dining of Forest Hill Village, the location combines convenience with a true community feel. With timeless architecture, incredible versatility, and the opportunity for income, this property is more than a homeits an investment in lifestyle.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Garburator, Guest Accommodations, In-Law Suite, Separate Heating Controls, Bar Fridge, Primary Bedroom - Main Floor, Separate Hydro Meter
Security Features
Community Features
Location
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 5 Killarney Road, Toronto C03, ON M5P 1L7
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 $2,550,000 in Toronto, the legal minimum down payment is $510,000 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 $50,225 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $50,225 also applies, bringing the total estimated land transfer taxes to $100,450.
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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.
