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New4 hours ago

243 Florence Avenue

Lansing-Westgate, Toronto

$3,680,000

Detached|2-Storey
5 | 7 | 6
About this home

A Masterpiece of Architecture, A Statement of Luxury | Welcome to 243 Florence Avenue. An extraordinary custom-built residence where architectural distinction, refined craftsmanship, and advanced technology come together. Situated on a 40 x 129 ft lot with 32.6% lot coverage, this exceptional home offers 3,572 sq. ft. of living space across the main and second floors, plus 1,354 sq. ft. of finished basement space. Soaring 10-ft ceilings on the main and second floors, a dramatic 14-ft office, and impressive 13-ft basement ceilings create an atmosphere of openness and grandeur. The thoughtfully designed 6-bedroom layout (4+2) features a private ensuite bathroom for every bedroom, providing exceptional comfort and privacy for family and guests. The chef-inspired kitchen showcases premium Sub-Zero and Wolf appliances, while integrated smart-home technology enhances everyday living. Additional highlights include a dedicated server area with access to the dining room, an elegant wine cellar, and three electric fireplaces plus one gas fireplace in the basement, creating warmth and ambience throughout. Designed for year-round comfort, the home features heating in the basement, driveway, porch, and exterior stairs. The lower level offers a private steam sauna and generous living space, ideal for relaxation and entertaining. Two conveniently located laundry areas on the second floor and basement add everyday practicality. Mechanical features include one furnace and one air-conditioning unit. Complete with Tarion warranty coverage, this remarkable residence combines sophisticated design, premium finishes, intelligent functionality, and exceptional attention to detail. A distinguished offering for the discerning homeowner seeking contemporary elegance and elevated living.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$8,394
Lot Size40 ft x 128.92 ft
mls© NumberC14025326
Listed ByHAMMOND INTERNATIONAL PROPERTIES LIMITED

Listing History

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  • No recent lease history for this listing.

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What the bank counts

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

Mortgage, tested at 6%
$18,836
Property tax
$700
Heat allowance
$150
Housing costs
$19,685 / mo

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

Down payment20% · $736,000
25-yr amortization

Income needed

$606,000

gross annual household income

Payment at 4%
$15,486 / mo
Cash down
$736,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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