23 Lorraine Gardens
City Centre West, Toronto
$3,798,000
Bedrooms: 3
Bathrooms: 5
Living Area: 3,500 sqft
Price Per Sqft: $1,085.14
About this Detached
in City Centre West, Toronto
A rare architectural gem nestled on an extraordinary 100 x 350 ft ravine lot overlooking Mimico Creek. Spanning nearly 4,700 sqft across 2 levels, this exceptional bungalow beautifully blends mid-century character with thoughtful modern updates, while preserving the warmth and craftsmanship that make this home truly one of a kind. The dramatic stone fireplace, rising from the lower level through to the main floor ceiling, forms the striking centrepiece of the home. Vaulted and beamed ceilings, expansive windows and natural materials create a distinctive architectural aesthetic, with spectacular views of the ultra-private ravine setting from virtually every principal room. The main floor offers 3 spacious bedrooms, including a generous primary retreat with his and her closets and a 4pc ensuite, along with a renovated family bath. The large living room features a cathedral ceiling and impressive views, while the dining room and eat-in kitchen provide an effortless connection to the outdoors. The kitchen walks out to a patio overlooking the grounds, with convenient access down to the expansive yard. A powder room and well-appointed laundry/mudroom with abundant storage complete the main level. The walkout lower level is equally impressive, offering a spacious family room, 4th bed with walk-out, 3pc bath and multiple additional living spaces. A separate area with a 2nd kitchen, den/family room and bedroom offers incredible flexibility for a nanny or in-law suite, guest accommodations or extended family. Multiple walk-outs from both levels seamlessly connect the home to its spectacular natural surroundings. Security film was professionally installed on home's windows & glass doors in 2025. A large circular drive accommodates 12+ vehicles, complemented by double garage with additional storage. A truly special property offering privacy, space, architectural character and an unparalleled connection to nature - a rare opportunity in one of Toronto's most coveted settings.
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..
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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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