514 Douglas Avenue

Nortown, Toronto

514 Douglas Avenue, Nortown, Toronto

$4,999,000


Bedrooms: 4

Bathrooms: 7

Living Area: 3,500 sqft

Price Per Sqft: $1,428.29


About this Detached

in Nortown, Toronto

This custom-built residence is the ultimate statement in modern luxury, offering 5,382 sq ft of total living space, with every detail designed for elegance & convenience. A rare, accessible elevation where you enter directly into the home & just a few steps down to the yard. Soaring 26.5 ft foyer set the tone for a home flooded with natural light & architectural drama. The main level boasts 11 ft ceilings, flowing seamlessly into a striking kitchen. Outfitted with dual islands, a pantry, custom solid wood cabinetry with full-size porcelain slab doors, quartz countertops, matching backsplash & top-tier Wolf & Sub-Zero appliances, it is a showstopper. An architectural staircase with laser-cut, no-joint metal stringers, 3" solid white oak risers & glass railings is a central design feature. The home includes an elevator, a lit-up custom glass wine & art display & 2 laundry rooms. The primary suite is a private retreat, complete with two walk-in closets & a spa-inspired ensuite featuring a soaker tub & a skylit shower. A stunning mezzanine office (or den) overlooks the main floor, creating a dramatic, yet functional workspace. All Bedrooms have their own ensuite bathrooms. The lower level is well thought out, with over 9 ft ceilings, radiant heated floors, a bar, custom built-ins, a rec room with walkout to the yard, 2nd laundry room, gym, a powder room & a guest bedroom with an ensuite bath. The heated tile floors in the foyer & primary ensuite, professional landscaping, 11 skylights, 3 fireplaces, smart home system with features allowing you to monitor & manage the home even if you are halfway across the world, state-of-the-art alarm system, heated driveway, generator & a 2-car garage with EV charger round out the homes extensive list of luxuries.Set on a rare 50 ft lot, with professional landscaping (& room for a pool) this 4+1 bed, 7 bath home has architectural details at every turn, showcasing the perfect blend of modern innovation, sleek design & everyday comfort

Listed by CHESTNUT PARK REAL ESTATE LIMITED.


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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:
Down Payment:
First Mortgage:
CMHC Prem.:
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* This material is for informational purposes only.

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