67 Cherrywood Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Humewood-Cedarvale. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,985,000 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
- Premium 25 x 120 ft lot size
- Features a finished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Step into luxurious urban living with this stunning property located just steps away from the Cedarvale Ravine in Toronto's vibrant St Clair West neighbourhood. Inspired by the trendy aesthetics of the Spanish Revival design, this residence blends design elements of a modern farmhouse with a bright contemporary spirit. Interior of the house exudes warmth and character, from the repurposed centuries old Moroccan grilled doors to raised ceiling with exposed beams. The main floor spacious open-concept layout seamlessly divides formal living and dining from casual living space and the meticulously functional chefs kitchen. Featuring a banquette, generous bar area and a dream pantry equipped with a second deep farmhouse sink and a second full-size dishwasher. The master suite on the third floor is a perfect escape for relaxation promoting a feeling of comfort and well-being. All four bedrooms on the second floor are featuring a unique design and built-in closets and storage. The multi-purpose basement offers a charming theatre room that enhances immersive movie viewing. A separate one-bedroom space that has the potential to become a rental or in-law suite with all kitchen rough-ins installed and secondary laundry. Local designer, Studio Golara created a smart layout that accommodates all your living and entertaining needs indoor and outdoor. Every element has been thoughtfully selected to promote organic flow and harmonize style and character with functionality.
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Pricing & Value Insights
Data-driven valuation for 67 Cherrywood Avenue, Toronto C03, ON M6C 2X4
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 $2,985,000 in Toronto, the legal minimum down payment is $597,000 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 $61,100 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $61,100 also applies, bringing the total estimated land transfer taxes to $122,200.
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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.