62 McRae Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Leaside. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,499,000 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 30 x 130 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- equipped with wall unit(s) central cooling and highly efficient water heating via gas
Description
Stunning Prime South Leaside Home! RARE 3 Storey Detached Family Home! Elegant 4 bedroom and 3 bathroom home with lush English Country Garden W/ a Private Drive for 2 cars. This beautifully maintained Spacious Home will NOT disappoint. This 3 Storey Detached home is on the Best block of McRae Drive in the Family Friendly Close-knit Leaside Neighborhood. Elegant Living Room w/ Wood Burning Fireplace & Bay windows leading into the formal dining room, w/ walkout to lush deep garden oasis. The Open Concept Kitchen, w/breakfast island is Great for Entertaining. With Viking gas burner, wine fridge, pot filler faucet & plenty of cabinet storage. The second floor hosts a Large Primary bedroom, w/ 2 double closets, fits a King Size bed and has California shutters. The fourth bedroom is bright with a bay window overlooking the garden oasis & double closet. The second floor bathroom has toasty heated floors, a soaking tub & tile floors. Walking up to the third floor, the light immediately hits you from the large skylight. The fourth bedroom at the rear of the house has a walk out balcony providing a fantastic view of the garden oasis and a unique view of the surrounding neighborhood. The third-floor bathroom has a wlk-in shower heated floors. All bedrooms have closets. The other 3 bedrooms all fit double beds. The finished basement has been completely renovated w/ radiant floor heating, built-in shelving high ceilings making a cozy family room, a laundry area w/ Whirlpool dryer & washing machines, a 2-piece powder room tucked away. The garden will be a delight to any aspiring horticulturists provides its residents w/ an oasis. This beautiful garden also has a hot tub for those chilly nights & a large shed w/ electricity. As a premier neighborhood, Leaside has easy access to parks, community centers & hiking trails, and, 62 McRae Drive represents an immaculate, well cared for and spacious home for families to grow and flourish together.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 62 McRae Drive, Toronto C11, ON M4G 1S4
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 $2,499,000 in Toronto, the legal minimum down payment is $499,800 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 $48,950 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $48,950 also applies, bringing the total estimated land transfer taxes to $97,900.
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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.
