50 Bannon Avenue
Kingsway South, Toronto
$5,499,999
Bedrooms: 4
Bathrooms: 6
Living Area: 5,000 sqft
Price Per Sqft: $1,100.00
About this Detached
in Kingsway South, Toronto
Designed by Contempo Studio and built by Saaze Building Group in March 2024, this newly constructed custom residence epitomizes contemporary elegance and timeless sophistication. Its clean architectural lines, floor-to-ceiling windows, and premium finishes define modern design, while meticulous craftsmanship ensures every detail is executed to the highest standard. Nestled in The Kingsway one of Torontos most prestigious neighborhoodsthe home is surrounded by tree-lined streets, grand estate lots, and an architectural landscape rich in Tudor and Georgian influences. Situated on a peaceful, family-friendly cul-de-sac overlooking Lambton Kingsway Park and close to Lambton Kingsway School, the location is truly exceptional. The impressive 215-foot-deep lot creates an urban retreat with a saltwater pool, Jacuzzi, cabana, and lower-level walkout, delivering effortless indoor-outdoor living and entertaining. Boasting over 5,000 sq. ft. of refined living space, the home features Control4 automation, integrated 5.0 surround sound, radiant heated basement and bathroom floors, a steam shower, dual air systems, air purifier, steam humidifier, soft water, and a five-stage reverse osmosis filtration system. The chefs kitchen is outfitted with Wolf and Sub-Zero appliances plus premium hardware. Additional highlights include a home gym, office, laundry on the top floor with basement rough-in, a two-car garage, landscape lighting, and irrigation. Just minutes from Bloor Streets boutiques, cafés, restaurants, top-rated schools, community centres, the Humber River trails, and Home Smith Park, and with easy access to Royal York and Old Mill subway stations as well as major roadways, every convenience is within reach. Experience modern luxury and enduring elegance in a brand-new custom home in one of Torontos most coveted neighbourhoods.
Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA.
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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
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| * This material is for informational purposes only. | |||
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