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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Leaside. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,500,000 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.
Fabulous opportunity for a detached family home on a ravine lot in Governors Bridge, an exclusive and private enclave in central Toronto that offers a premium lifestyle. Enter into the grand entrance and foyer that lead you to the formal living and dining area with soaring ceiling heights. The kitchen and family room will be the heart of the home, gathered around the cozy fire or sitting at the centre island. The kitchen has a ton of cabinet space, stainless steel appliances, and stone countertops. Incredible primary suite with a substantial sized bedroom, two walk-in closets, and a 5 piece ensuite. Second floor laundry. The third floor has a bright sunny bedroom with a 4 piece ensuite and a charming juliette balcony. Unfinished basement with immense potential. Oversized sunny back deck with walk-outs from the house, which overlooks the luscious green backyard. Top public and private schools nearby. This area is surrounded by parklands and ravines, including the Don Valley with networks of trails. A well connected area with easy access to downtown and major transportation routes. This home is move-in ready with incredible potential to customize to your family needs and style over time while living in this highly esteemed community in central Toronto.
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Park, Public Transit, Rec./Commun.Centre, Wooded/Treed
Other
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 8 True Davidson Drive, Toronto C11, ON M4W 3X5
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 $2,500,000 in Toronto, the legal minimum down payment is $500,000 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 $48,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $48,975 also applies, bringing the total estimated land transfer taxes to $97,950.
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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.