$6,180,000

For saleJust listed

38 Elgin Avenue, Toronto (Annex) - Single Family for Sale

38 Elgin Avenue, Toronto (Annex), Ontario, M5R1G6

3 beds5 baths1 parking4,250 ft²24 × 136 ft (3,196 sq ft) lot sizeListed Today

Overview

This 3-bedroom, 5-bathroom home in Toronto is for sale offering roughly 4,250 sq ft of space. It has been on the market 0 days, fresher than the Toronto average of 58 days.

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Description

Welcome to this truly exceptional, fully renovated residence located in one of Toronto's most prestigious neighbourhood's. Just moments from the heart of Yorkville, this home offers the perfect blend of refined design, upscale finishes, and urban convenience. Completely transformed by a professional designer, the interior features a seamless open-concept layout filled with natural light and timeless elegance. The custom kitchen is a true showpiece, featuring high-end appliances, bespoke cabinetry, and a striking marble countertop island perfect for both everyday living and entertaining. Upstairs, you'll find spacious bedrooms with custom closets and spa-inspired bathrooms featuring luxurious materials and premium fixtures. The primary suite offers a tranquil escape, complete with a walk-in closet and a beautifully appointed ensuite. Located just steps from Yorkville's world-class shopping, fine dining, cultural destinations, and transit, this home delivers designer living in one of the city's most desirable locations. Fully Smart Home, Control 4. (id:66096)

Property Details

MLS®: C14147910
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 5
Half Baths: 1
Parking: 1
Interior Size: 4,250 ft²
Lot Size: 24 × 136 ft (3,196 sq ft)
Frontage: 24 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 4.25 x 2.74 meters
Dining room: 4.59 x 2.89 meters
Kitchen: 4.11 x 2.74 meters

Second level

Primary Bedroom: 5.74 x 4.9 meters

Third level

Bedroom 2: 5.59 x 4.14 meters
Bedroom 3: 4.24 x 4.24 meters
Family room: 4.45 x 3.25 meters

Basement

Recreational, Games room: 9.74 x 5.33 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Central Vacuum, Oven - Built-In
Flooring: Hardwood, Ceramic
Foundation: Concrete
Exterior: Brick, Stone

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Annex) listings, avg age

58d

Price / ft²

$1,454

List price

$6.18M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Annex) has been listed for 0 days, which is 58 days fresher than the city average of 58. Act while there is still low competition.

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Listed by HOME STANDARDS BRICKSTONE REALTY · FOROHAR HEJAZI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5R)

This home lists at $6,180,000, about 71.9× the local median household income of $86,000.

Carrying it typically needs a household income of about $1,207,170 (20% down, 25-yr amortization, stress-tested) — roughly 1304% above the area median.

Median household income: $86,000
Population: 26,197
Median age: 42
Owner / renter: 39% / 61%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5R)

$6,180,000· $1,454/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $1,236,000

Min 20%50%

Mortgage payment$26,356/mo

Property tax (est.)$2,433/mo

Total monthly$28,789

Cash Needed to Close

Down payment (20%)$1,236,000

Land transfer tax$281,950

Est. closing costs$21,040

Total cash needed$1,538,990

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