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Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of The Beaches. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,799,000 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.
Location, location, location! Nestled on a superior large level lot on one of this neighbourhood's quietest tree-lined streets, amid many fine newer & classic Beach homes that line this prime Beach 1-way street, this charming century detached dwelling (circa 1908) has been home to the same owners for over 60 years. It's time to start a new chapter and usher in a new owner to enjoy everything this sought-after Beach location & serene enclave has to offer today's savvy buyers. With a clean & safe rear lane (great for kid's games & bicycling) and access to the 2-level garage (that may provide a perfect laneway housing option!) and spacious west facing elevated backyard, there are plenty of options for renovation and/or expansion of the current home. Within a very child friendly walk to acclaimed elementary schools (Balmy Beach P.S + St. Denis S.S); the shops & cafes of Queen St; and within a 5 minute stroll to the Lake & Boardwalk, this lovingly kept quaint home provides ample space for a family to update and renovate to fit their needs, with 4 second floor bedrooms & 3rd floor loft space. The main floor living & dining rooms are bright & spacious with large bay windows, w/walkout from the dining room to the deck. The kitchen has a breakfast area & attached sunroom. The lower level features a ground-level walkout to the backyard. A smart investment in your family's future, with updating and renovations or a complete new build as options. This substantial 33.33 ft X 120.00 ft lot and outstanding Beach location will prove to be one of your best real estate moves. Welcome Home!
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Data-driven valuation for 88 Spruce Hill Road, Toronto E02, ON M4E 3G4
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 $1,799,000 in Toronto, the legal minimum down payment is $359,800 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 $32,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $32,455 also applies, bringing the total estimated land transfer taxes to $64,910.
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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.