98 Spruce Hill Road, Toronto, ON

$2,699,000
MLS#:E12066170
4 beds
4 baths
1500-2000 sqft
1.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of The Beaches. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,699,000 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 4 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 25 x 120 ft lot
  • Features a finished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Bar Fridge, ERV/HRV, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Sitting atop one of the most gorgeous streets in the area, this classic Beach home saw a back-to-the-bricks reimagination by Elite Construction that checks all the boxes. A charming front porch, perfect for enjoying your morning coffee, opens into a bright and airy open-concept living and dining space, complete with wide-plank white oak floors and a cozy wood-burning fireplace. The gorgeous kitchen offers a waterfall island and gas range with 4 burns and a skillet. Thoughtfully designed, the dining room is flanked with custom cabinetry offering abundant storage and a large mirror that bounces light throughout the main floor. At the back, floor-to-ceiling sliding French doors span the width of the home, offering breathtaking west-facing sunset views over the treetops and opening onto a spacious deck and private backyard oasis. Upstairs, the serene primary suite boasts a spa-inspired four-piece ensuite with a private water closet and a generous walk-in closet. Down the hall is a second bedroom, or home office, overlooking the backyard, with a custom built-in closet and easy access to a full four-piece bathroom featuring a convenient laundry chute. The third floor offers two more spacious bedrooms, both with ample built-in storage and tranquil views of mature trees and gardens. The bright, above-grade lower level is a perfect extension of the homes living space, featuring soaring 10-foot ceilings, a welcoming family room with a wet bar, an additional bathroom, enclosed laundry, and a mudroom with built-in closets. French doors open to a beautifully landscaped patio and garden, with direct access to private parking off the rear lane. Just steps to Balmy Beach & St Dennis elementary schools, Queen Streets vibrant shops and cafes, and a short stroll to the Beach and Boardwalk, this home offers the ultimate Beach lifestyle with cottage-like views, right in the city.

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Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 9, 2025
Sold price information is available to members only
Listed Date4/7/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style3-Storey
ConstructionBrick
BasementFinished, Walk-Out
Lot Size25 × 120 Feet
CountyToronto
Annual Tax$10,035.5
Legal DescriptionPt Lt 51 Pl 1183 East Toronto As In Ct974328

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Beach, School, Public Transit, Rec./Commun.Centre, Fenced Yard

Interior Features

Bar Fridge, ERV/HRV, Water Heater Owned

Security Features

Community Features

Location

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98 Spruce Hill Road, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 98 Spruce Hill Road, Toronto E02, ON M4E 3G4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$539,800 (20.0%)
* Minimum Canadian down payment required for this price is $539,800.
Amortization Period25 Years
Estimated Monthly Payment$12,867Based on a loan of $2,159,200 over 25 years.
Purchase Price$2,699,000
Loan Amount$2,159,200
Provincial Land Transfer Tax:$53,950
Toronto Municipal Land Transfer Tax:$53,950
Total Estimated Closing Taxes:$107,900

About Purchasing a Home in Toronto, ON

For a property listed at $2,699,000 in Toronto, the legal minimum down payment is $539,800 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 $53,950 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $53,950 also applies, bringing the total estimated land transfer taxes to $107,900.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for The Beaches, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,752,432

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Williamson Road
Public24 Williamson Road, Toronto, Ontario, M4E 1K5
7.9
Kew Beach
Public101 Kippendavie Avenue, Toronto, Ontario, M4L 3R3
8.2
St Denis
Public67 Balsam Avenue, Toronto, Ontario, M4E 3B8
7.7
Norway
Public390 Kingston Road, East York, Toronto, Ontario, M4L 1T9
7.6
Balmy Beach
PublicScarborough, Toronto, Ontario
9.2

Secondary Schools

Notre Dame
Public12 Malvern Avenue, Toronto, Ontario, M4E 3E1
7.7
Malvern
Public55 Malvern Avenue, Toronto, Ontario, M4E 3E4
9.1
Neil McNeil
Public127 Victoria Park Avenue, Scarborough, Toronto, Ontario, M4E 3S2
7.7
Monarch Park
Public1 Hanson Street, East York, Toronto, Ontario, M4J 1G6
8.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.