7 Cedarwood Avenue

York Mills, Toronto

7 Cedarwood Avenue, York Mills, Toronto

$8,795,000


Bedrooms: 5

Bathrooms: 11

Living Area: 5,000 sqft

Price Per Sqft: $1,759.00


About this Detached

in York Mills, Toronto

If you are looking for quiet street and a large private lot, you've found your next home! This remarkable custom-built residence offers a perfect balance of elegance, comfort, and functionality across three levels of thoughtfully designed living space. The main floor welcomes you with a sophisticated living room featuring soaring ceiling height of over 20 ft with a dramatic floor to ceiling window and a gas fireplace. A formal dining room with adjoining servery is enhanced with built-in speakers and glass doors, creating the ideal setting for entertaining. Two offices provide flexible work-from-home options, while the inviting family room, with its two-way fireplace and walk-out to the garden, seamlessly connects to the chefs kitchen. This culinary space is equipped with a centre island, stainless steel appliances, and a built-in desk, while the adjoining breakfast area with room for both casual meals and a cozy seating area that shares the fireplace and opens directly to the garden. Upstairs, the primary suite offers a true retreat with a sitting room and a walk-out that overlooks the rear grounds, walk-in closet, and a luxurious six-piece ensuite. Additional bedrooms each feature their own sitting area, walk-in or built-in closets, and private ensuites, with unique enhancements including hardwood flooring and custom built-ins. The lower level is designed for recreation and entertainment, highlighted by a large room with a built-in bar, gas fireplace, and garden walk-out. An exercise room with mirrored walls and built-in speakers, plus a media room for a full theatre experience, add to the lifestyle appeal. Two additional bedrooms with private ensuites, one of two laundry rooms, a three-piece bath and garden walk-out. The backyard oasis is beyond description with an outdoor BBQ, stunning water feature, pool, hot tub and covered pergola for al fresco dining. Privacy and lush landscaping. This home is a must see!

Listed by FOREST HILL REAL ESTATE INC..


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
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First Mortgage:
CMHC Prem.:
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* This material is for informational purposes only.

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