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Kingsway South, Toronto
$1,800,000
Welcome to 1048 Royal York Road, an exceptional 1.5-storey detached brick home situated on a prime corner lot in prestigious Kingsway South. Offering a total of 2,312 sq ft of living space (1,372 sq ft above grade + 940 sq ft finished lower level), this move-in ready residence provides generous room to grow on a 120 ft x 40 ft lot with mature trees and green space. The light-filled main level features maple hardwood floors, pot lights, and an open layout ideal for entertaining. Warm up by the cozy wood-burning fireplace in the living room, or work comfortably from the dedicated main-floor office. The eat-in kitchen includes granite countertops, high-end KitchenAid appliances, and a walk-out to the private, spacious backyard. Two newly finished, exceptionally spacious and deep closets-one conveniently located on the staircase and another in the primary bedroom-provide ample storage.Upstairs, discover two bright bedrooms with maple hardwood floors and a freshly renovated 4-piece bathroom. A main-floor 2-piece powder room has also been recently updated with a new vanity. The fully finished lower level expands your options with two additional bedrooms, a media/entertainment area, a recreation room with a dry bar, a 4-piece bath, a laundry room with Maytag washer and dryer, and a separate entrance-perfect for extended family or guest accommodations. Despite its prime location, the home offers a surprisingly quiet indoor atmosphere. Parking is effortless with an attached single garage and a double driveway accommodating three cars total. Unbeatable location just minutes from the vibrant shops, dining, and cafés of The Kingsway along Bloor Street West, top-tier schools, parks, libraries, and easy access to Royal York TTC Subway Station. Outstanding value in one of Toronto's most sought-after communities!
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $8,220 |
| Lot Size | 120 ft x 40 ft |
| mls© Number | W13834866 |
| Listed By | SOTHEBY'S INTERNATIONAL REALTY CANADA |
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%
- $9,213
- Property tax
- $685
- Heat allowance
- $150
- Housing costs
- $10,048 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$309,000
gross annual household income
- Payment at 4%
- $7,575 / mo
- Cash down
- $360,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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