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New3 hours ago

540B Pharmacy Avenue

Clairlea-Birchmount, Toronto

$1,499,000

Detached|2-Storey
4 | 5 | 4
About this home

Welcome home to 540B Pharmacy Avenue, a contemporary detached home in Clairlea where striking architecture meets thoughtful everyday living.This 4+2 level bed, 5 bath home offers over 2600sf of above grade living area providing ample living space for a growing family, while a finished legal basement with its own entrance, kitchen and laundry adds flexibility for rental income. An interlocking driveway, built-in garage and glass-railed balcony create an impressive arrival, while warm wood flooring, expansive windows and an open-riser staircase with glass railings bring a light, modern feel indoors. The main living and dining spaces offer an inviting setting for entertaining, with 10' ceilings, pot lights and custom shutters. At the heart of the home, a beautifully appointed kitchen features sleek white cabinetry, an oversized waterfall island, pendant lighting and premium Samsung appliances. Sliding doors open to a generous rear deck with stairs to the backyard, making outdoor dining and summer gatherings a natural extension of the kitchen. Upstairs, skylights brighten the hallway, while the primary retreat offers a walk-in closet, private rear balcony and a spa-inspired four-piece ensuite with a freestanding tub and separate glass shower. Three additional good size bedrooms, two additional bathrooms including a Jack and Jill, a second balcony and convenient upper-level laundry complete the 2nd floor The finished Legal basement with separate entrance adds valuable flexibility. A second kitchen, three-piece bathroom, its own laundry and two additional bedrooms making this space perfect for extended family or as great rental income (Currently rented at $1950/month). With schools, parks and shopping nearby, plus TTC service along Pharmacy Avenue connecting to Victoria Park Station, this home brings together contemporary style, outdoor space and everyday convenience.

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. Age0-5
Size2500-3000 sq. ft.
Property Tax$6,621
Lot Size25 ft x 102.69 ft
mls© NumberE13876736
Listed ByROYAL LEPAGE SIGNATURE REALTY

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$7,673
Property tax
$552
Heat allowance
$150
Housing costs
$8,374 / mo

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

Down payment20% · $299,800
25-yr amortization

Income needed

$258,000

gross annual household income

Payment at 4%
$6,308 / mo
Cash down
$299,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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