557 Prince Edward Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Kingsway South. Expertly crafted featuring premium stucco (plaster) and brick front construction, this residence presents an exceptional opportunity offered at $1,895,000 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 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 33 x 191 ft lot
- Features a crawl space, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Central Vacuum, Sewage Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 557 Prince Edward Dr N, nestled in the highly sought-after Kingsway South neighbourhood. This impressive property has a generous 33 x 190 ft lot, making it ideal for families and renovators alike. With top-rated schools and beautiful parks just steps away, you'll enjoy the perfect blend of community and convenience. The current owner has cherished this home since 1976, maintaining its charm while adding many updates. Step into the private landscaped yard, complete with an inviting in-ground pool and a spacious storage shed. Besides the large one-car garage, the driveway provides additional parking for up to three vehicles. Built over a century ago, the original home underwent substantial renovations in the 80s, expanding it to nearly 2,400 sq ft. You'll find four spacious bedrooms, multiple bathrooms, and a cozy family room with walk out to the pool, making it perfect for family living. Whether you're looking to expand your family's footprint or seeking a renovation opportunity, this property, set on a sprawling 6,000+ sq ft lot, is a must-see! Don't miss out on this incredible opportunity to make it your own!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, School
Interior Features
Auto Garage Door Remote, Central Vacuum, Sewage Pump, Water Heater, Water 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 557 Prince Edward Drive N, Toronto W08, ON M8X 2M8
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 $1,895,000 in Toronto, the legal minimum down payment is $379,000 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 $34,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $34,375 also applies, bringing the total estimated land transfer taxes to $68,750.
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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.
