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Listed 2 months ago

72 Prennan Avenue

Islington-City Centre West, Toronto

$2,588,000

Detached|2-Storey
4 | 5 | 6
About this home

Move in, unpack & start entertaining. Architectural character, solid custom construction & exceptional space define this beautifully maintained 4+1-bedroom, 5-bathroom home, offering over 3,300 sq ft above grade plus a 1,670 sq ft finished lower level. A dramatic circular painted-oak staircase makes a striking first impression, while soaring ceilings, 2 gas fireplaces & an ethanol fireplace add warmth throughout. Separate living & dining rooms (seating 10 with ease) are made for entertaining, and a main-floor office for two offers a quiet workspace. The open-concept kitchen, breakfast area & family room are the heart of the home. The family room rises to 18-ft vaulted ceilings, while the breakfast area is wrapped in floor-to-ceiling solarium windows & skylights overlooking the pool, with remote-controlled blinds in both rooms. The kitchen features a 6-burner DCS gas stove, Bosch dishwasher, beverage fridge, a bar sink & an impressive walk-in pantry. Upstairs, the primary retreat offers a 5-pc ensuite with BainUltra air jet tub & TOTO bidet seat. The second-largest bedroom also has a private 3 PC ensuite, ideal for guests or family, while bedrooms 3 & 4 share a 3-pc bath. The lower level is built for gathering: a professionally built, temperature-controlled wine room with fitted racks & glass door, gym/5th bedroom, media area, pool table & wet bar. Two staircases, including direct garage-to-lower-level access. Outside, the fenced, landscaped yard is a private retreat with a heated saltwater in-ground pool, covered deck with retractable awning & built-in Napoleon BBQ on a gas line. Generous inclusions: custom sectional, office furniture, gym equipment, pool table, media centre & TVs. 50 x 129.58-ft lot, double garage plus parking for 4. Pre-list home inspection available. About a 15-minute walk to Kipling subway. A wonderful family home in Islington-City Centre West, ready to welcome its next owners.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age31-50
Size3000-3500 sq. ft.
Property Tax$10,504
Lot Size50 ft x 129.58 ft
mls© NumberW13823448
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.

Listing History

  • No recent sale history for this listing.
  • 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%
$13,247
Property tax
$875
Heat allowance
$150
Housing costs
$14,272 / mo

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

Down payment20% · $517,600
25-yr amortization

Income needed

$439,000

gross annual household income

Payment at 4%
$10,891 / mo
Cash down
$517,600

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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