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New5 hours ago

261 Patricia Avenue

Newtonbrook West, Toronto

$3,198,000

Detached|2-Storey
4 | 7 | 6
About this home

Luxurious Custom-Built Home with Elevator & Heated Driveway Premium Features Stunning custom-built residence offering nearly 6,300 sq. ft. of total living space (approx. 4,300 sq. ft. above grade plus a professionally finished walk-out basement). Designed with exceptional craftsmanship, high ceilings on all levels, and elegant architectural details including millwork, built-ins, and coffered ceilings.This home features a private 4-stop elevator, heated driveway and steps, and two kitchens on the main floor-a designer showcase kitchen alongside a fully equipped functional cooking kitchen-perfect for entertaining and everyday living. The open-concept kitchen and family room create an inviting space for gatherings.All bedrooms are generously sized and include private ensuites. The luxurious primary suite offers a 6-piece ensuite with heated floors, a fireplace, and a spacious walk-in closet with a large south-facing window.The bright walk-out lower level boasts heated floors, a home theatre with projector and screen, a wet bar, and high ceilings-ideal for recreation and entertaining. Convenient direct access from the garage to a mudroom enhances functionality.Additional highlights include:Premium appliances (Wolf 6-burner gas range with griddle, panelled fridge, built-in oven/microwave/dishwasher)Secondary kitchen with additional stove and microwavePot fillerGas fireplacesBuilt-in speakersCentral vacuumTwo washers & two dryersDual home automation systemsIdeally located close to shopping, parks, and top-rated schools.

Extras

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$18,000
Lot Size50.03 ft x 132.12 ft
mls© NumberC13642100
Listed ByRE/MAX REALTRON REALTY INC.

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%
$16,369
Property tax
$1,500
Heat allowance
$150
Housing costs
$18,019 / mo

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

Down payment20% · $639,600
25-yr amortization

Income needed

$554,000

gross annual household income

Payment at 4%
$13,458 / mo
Cash down
$639,600

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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