55 Harewood Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Cliffcrest. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,899,000 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 7 Bathrooms with 2 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 30 x 133 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 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
This is one of the best custom built house In highly Sought-After Cliffcrest Neighbourhood! Huge spacious 4 bedrooms with 7 bathrooms. Every room has its own bathroom. Free Flowing Layout With very High Ceilings, Lots of natural lights with skylights on stairwell area. Luxurious Custom Chef's Kitchen With Solid Oak Cabinets, quartz countertop and large Centre island with breakfast bar. High quality professional category stainless steel appliances. Cozy family room with gas fireplace. wainscoting, crown moulding, Upgraded light fixtures, and Motorized window covering withshaded and privacy blinds. Walk-Out To Deck With A Fully Fenced Well curated backyard with huge storage shed. Professionally Landscaped interlocked driveway and backyard. The basement has 2 separate self contained apartments separate laundry facility. Huge potential for future income. Hundreds of Thousand of dollars spent on Upgrades. R. H. King School District.
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Pricing & Value Insights
Data-driven valuation for 55 Harewood Avenue, Toronto E08, ON M1M 2R4
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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 $1,899,000 in Toronto, the legal minimum down payment is $379,800 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 $34,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $34,455 also applies, bringing the total estimated land transfer taxes to $68,910.
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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.
