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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Banbury-Don Mills. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $5,990,000 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.
Rare Opportunity To Live On Ravine Side Of Penwood! Meticulous Landscape In Front And Back.Custom Interior Finishes On All 3 Floors. Gourmet Kitchen W/Cupola, Marble Flr, Marble And Granite Counters & French Doors. Outdoor Room W/ Cupola, Motorized Screens, Bbq & Stone Floor. Conservatory W/ Cathedral Windows, Separate Hvac, Marble Floor. Primary Bedroom Suite W/ Oversized Dressing Room (Custom Cabinetry, Stone Countertop, Walk-In Closet),4 Pc Ensuite. Second Bedroom W/Cupola, Walk-Out To Large Deck And Motorized Awning, Overlooking Ravine. Second Floor Landing W/Cupola. Extras Include 8 Zone Audio System, Crestron Lighting System, Central Vac, Security System W/ Cameras/Computer, Acquabon Water Softener, Reverse Osmosis Water, Second Floor Laundry, Rough-In For Generator, Inground Concrete Pool/Whirlpool, 3 Furnace/Ac Units, Custom Hardwood In Living, Family,Dining Rooms. Everything High-End.No Expense Spared In And Out. Diligent Maintenance Schedule Adhered To. Refer To Feature Sheet/Floor Plans For Complete Details. Second Bedroom Currently Used As Office. Primary Dressing Room Can Be Converted To 5th Bedroom.
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Fenced Yard, Park, Ravine, Rec./Commun.Centre, School, Wooded/Treed
Atrium
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 8 Penwood Crescent, Toronto C13, ON M3B 2B9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $5,990,000 in Toronto, the legal minimum down payment is $1,198,000 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 $136,225 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $136,225 also applies, bringing the total estimated land transfer taxes to $272,450.
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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.