$7,799,000

For sale

424 Euclid Avenue, Toronto (Palmerston-Little Italy) - Single Family for Sale

424 Euclid Avenue, Toronto (Palmerston-Little Italy), Ontario, M6G2S9

5 beds5 baths2 parking3,250 ft²19 × 130 ft (2,470 sq ft) lot sizeListed 46 days ago

Overview

This 5-bedroom, 5-bathroom home in Toronto is for sale offering roughly 3,250 sq ft of space. It has been on the market 46 days, fresher than the Toronto average of 54 days.

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Description

A rare architectural masterpiece where the craftsmanship of 1892 meets uncompromising modern design. Completely gutted, restored & reimagined in 2019, 424 Euclid Ave is an exceptional 4+1 bed, 5 bath residence in the heart of Palmerston-Little Italy, showcasing the romance & grandeur of its original architecture alongside extraordinary contemporary finishes. Original details have been lovingly restored & replicated throughout, including Romanesque arches, Queen Anne Revival elements, ceiling medallions, 12" baseboards, crown mouldings, hand-carved flower corner blocks & the original front door with period bronze hardware. Soaring 10'3" ceilings throughout the main flr, European white oak flrs & custom millwork create an atmosphere of refined warmth & timeless sophistication. The spectacular Bulthaup kitchen features Gaggenau appliances, Dornbracht fixtures & a dramatic centre island, flowing seamlessly to the dining & living spaces. A restored original fireplace (ornamental), stained glass, custom lighting, automated drapery & B/I speakers are among the many thoughtful details. Upstairs, the lux primary suite is a retreat, complete with custom millwork & a 5pc spa-inspired ensuite with steam shower, soaker tub & exquisite tilework. Additional bedrms & a sep office offer exceptional flexibility. The fully finished lower lvl adds incredible value with an ancillary apartment featuring 9' ceilings - perfect for guests, extended family or add'l income. Outside, professionally designed native gardens by landscape designer Shaun Booth include irrigation, gas line, controlled lighting, snowmelt & a 2-car carport. 200-amp service & infrastructure ready for a laneway house add further potential. Every detail has been considered, from radiant in-floor heating, a water filtration system, HRV, humidification, generator, security & integrated smart-home systems. A truly remarkable home where heritage craftsmanship & exceptional contemporary architecture exist in perfect harmony (id:66096)

Property Details

MLS®: C13807964
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 5
Half Baths: 1
Parking: 2
Interior Size: 3,250 ft²
Lot Size: 19 × 130 ft (2,470 sq ft)
Frontage: 19 ft
Storeys: 3
Basement: Apartment in basement, Separate entrance, N/A, N/A
Heating: Natural gas
Cooling: Central air conditioning
Garage: Garage, Carport
Ownership: Freehold
Property Tax: $14,778.41/yr

Rooms

Main level

Living room: 6.05 x 3.91 meters
Dining room: 5.26 x 3.12 meters
Kitchen: 6.73 x 3.84 meters

Third level

Bathroom
Laundry room: 2.62 x 2.49 meters
Bedroom 3: 4.01 x 3.99 meters
Bedroom 4: 4.72 x 3.91 meters

Lower level

Mud room: 6.27 x 3.63 meters
Living room: 3.38 x 2.79 meters
Kitchen: 3.91 x 3.18 meters

Features

Appliances: Garage door opener remote(s), Water Heater - Tankless, Water Heater
Flooring: Concrete, Tile, Hardwood
Foundation: Unknown
Exterior: Brick
Lot Features: Lane, Carpet Free, Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

46d

Toronto (Palmerston-Little Italy) listings, avg age

54d

Price / ft²

$2,400

List price

$7.80M

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 5-bed single family in Toronto (Palmerston-Little Italy) has been listed for 46 days, which is 8 days fresher than the city average of 54. Act while there is still low competition.

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Listed by CHESTNUT PARK REAL ESTATE LIMITED · BROOKE BAROOTES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6G)

This home lists at $7,799,000, about 85.7× the local median household income of $91,000.

Carrying it typically needs a household income of about $1,523,418 (20% down, 25-yr amortization, stress-tested) — roughly 1574% above the area median.

Median household income: $91,000
Population: 30,600
Median age: 39.6
Owner / renter: 49% / 51%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6G)

$7,799,000· $2,400/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $1,559,800

Min 20%50%

Mortgage payment$33,261/mo

Property tax (est.)$1,232/mo

Total monthly$34,492

Cash Needed to Close

Down payment (20%)$1,559,800

Land transfer tax$362,900

Est. closing costs$25,897

Total cash needed$1,948,597

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