$4,988,000

For sale

48 Silvergrove Road, Toronto (St. Andrew-Windfields) - Single Family for Sale

48 Silvergrove Road, Toronto (St. Andrew-Windfields), Ontario, M2L2N6

12 beds6 baths10 parking5,000+ ft²125 × 184 ft (23,062 sq ft) lot sizeListed 29 days ago

Overview

This 12-bedroom, 6-bathroom home in Toronto is for sale. It has been on the market 29 days, fresher than the Toronto average of 64 days.

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Description

ONE EXCEPTIONAL PROPERTY. THREE EXTRAORDINARY POSSIBILITIES.A rare opportunity to create something truly remarkable in prestigious Bayview & York Mills neighborhood. Set on an expansive private lot approximately 23,000 sq. ft. (125' x 184'), surrounded by ravine on three sides, 48 Silvergrove offers exceptional privacy, breathtaking natural surroundings, and endless possibilities.OPTION 1 - BUILD YOUR DREAM ESTATE: Reimagine this spectacular half-acre property with a magnificent custom-built luxury mansion, surrounded by mature trees and a serene, park-like setting.OPTION 2 - TWO LOTS, TWO MASTERPIECES: Explore the potential to sever the property into two exceptional lots and develop two stunning custom residences, subject to municipal approvals.OPTION 3 - RENOVATE & TRANSFORM: Unlock the potential of the existing custom-built residence, offering approximately 7,077 sq. ft. of living space, substantial 8-inch concrete construction, 6+6 bedrooms, and six bathrooms. A solid foundation for an extraordinary architectural transformation.Whether your vision is one grand estate, two luxury residences, or a spectacular renovation, this remarkable property offers the space, setting, and flexibility to bring it to life.48 SILVERGROVE - ONE ADDRESS. THREE VISIONS. ENDLESS POSSIBILITIES.All redevelopment, severance, and renovation possibilities are subject to applicable municipal approvals and independent verification. (id:66096)

Property Details

MLS®: C13867884
Property Type: Single Family
Bedrooms: 12
Beds (above / below): 6 above · 6 below
Bathrooms: 6
Half Baths: 1
Parking: 10
Interior Size: 5,000+ ft²
Lot Size: 125 × 184 ft (23,062 sq ft)
Frontage: 125 ft
Storeys: 2
Basement: Finished, Separate entrance, Walk out, N/A, N/A
Heating: Forced air, Oil
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 5.3 x 4.8 meters
Bedroom: 3.9 x 3.1 meters
Kitchen: 5.4 x 5 meters
Dining room: 5.3 x 3.5 meters
Kitchen: 6.5 x 3.8 meters
Family room: 5.1 x 3.3 meters
Primary Bedroom: 5 x 3.6 meters

Ground level

Living room: 4.8 x 4 meters

Second level

Primary Bedroom: 7.6 x 3.8 meters

Features

Appliances: Oven - Built-In, Garage door opener remote(s), Water Heater
Flooring: Hardwood, Carpeted
Foundation: Concrete
Exterior: Concrete, Stone
Lot Features: Wooded area, Ravine, In-Law Suite, Sauna

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Toronto (St. Andrew-Windfields) listings, avg age

64d

List price

$4.99M

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 12-bed single family in Toronto (St. Andrew-Windfields) has been listed for 29 days, which is 35 days fresher than the city average of 64. Act while there is still low competition.

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Listed by THE AGENCY · MERAD SAFAEIAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2L)

This home lists at $4,988,000, about 37.5× the local median household income of $133,000.

Carrying it typically needs a household income of about $974,331 (20% down, 25-yr amortization, stress-tested) — roughly 633% above the area median.

Median household income: $133,000
Population: 11,274
Median age: 46.4
Owner / renter: 69% / 31%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M2L)

$4,988,000

For sale

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Full Cost Breakdown

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Down Payment20% · $997,600

Min 20%50%

Mortgage payment$21,273/mo

Property tax (est.)$1,498/mo

Total monthly$22,770

Cash Needed to Close

Down payment (20%)$997,600

Land transfer tax$222,350

Est. closing costs$17,464

Total cash needed$1,237,414

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