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New3 hours ago

302 Erskine Avenue

Mount Pleasant East, Toronto

$2,650,000

Detached|2-Storey
4 | 4 | 3
About this home

Set on the highly-coveted end of Erskine Avenue in Sherwood Park, this outstanding detached four bedroom home is set to impress! The extra width of this nearly 27 foot lot is noticeable in every room of the house, with enlarged living spaces, huge windows and soaring ceiling heights. Set above the street scape with increased privacy and exposure to natural light, the principal spaces are inviting, spacious and appointed with designer features. The kitchen and family room astound at the rear of the main floor, enlarged by wall-to-wall glass that overlooks the deck and ravine backdrop. The kitchen is larger than you might expect, with solid custom cabinetry, durable quartz countertops, and a huge island with breakfast bar seating. The family room spans the full width of the home, anchored by a gas fireplace with a quartz hearth and complemented by custom millwork and shelving. Sliding glass opens to the rear deck set below the ravine canopy with room for dining, lounging, and barbecuing. Stairs down to the stone patio with a gas line for a fire pit provide a large terrace for additional entertainment and play, while kids can forge in the natural ravine landscape beyond it. On the second floor, four bedrooms provide flexibility for family living. The primary bedroom is privately positioned at the rear, with his-and-her closet systems and tranquil treetop views. A renovated four-piece ensuite features a double vanity and glass-enclosed shower, while three additional bedrooms all have double closets and share access to a renovated four-piece bathroom. In the lower level a huge rec room presents with nearly 12-foot ceilings. Direct access from the built-in garage enters to the *mud room* with custom cubbies, hooks, storage & a separate entrance to the side of the house. The community benefits of this location and incredible neighbours will award buyers for years to come. Access the best of the city with an easy stroll to LRT, Yonge St., Sherwood Park & Summerhill Market!

Extras

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. Age16-30
Size2000-2500 sq. ft.
Property Tax$14,003
Lot Size26.67 ft x 187.43 ft
mls© NumberC14084604
Listed ByCHESTNUT PARK REAL ESTATE LIMITED

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$13,564
Property tax
$1,167
Heat allowance
$150
Housing costs
$14,881 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $530,000
25-yr amortization

Income needed

$458,000

gross annual household income

Payment at 4%
$11,152 / mo
Cash down
$530,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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