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Hamza Nouman, REALTOR®
229 Florence Avenue — property photo
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229 Florence Avenue, Toronto C07

Toronto C07

$3,998,000

Detached5 bed / 6 bath46 DOM~4,250 sqft
Motivated SellerPrice Drop -7%Suite Potential

Cash flow, cap rate & mortgage breakdown

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Listed by FOREST HILL REAL ESTATE INC.

Investment Analysis

Key Facts

Type

Detached

Bedrooms

5

Bathrooms

6

Days on Market

46

Price Drop

7%

Year Built

N/A

Status

Active

Basement Income

Suite Potential (+$1,445/mo)

Rent Estimate

Main unit (3 bed)$7,250/mo
Basement suite (2 bed)$1,445/mo
Total Est. Rent$8,695/mo

Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga

Remarks

Absolutely STUNNING Showstopper! This custom-built residence blends timeless elegance w/ modern luxury in the highly sought-after West Lansing neighbourhood of North York. Unmatched craftsmanship & lavish materials define this extraordinary home. Boasting appx 5,500 sq ft of living space (approx. 4,100 sq ft above grade), the home feat. a striking custom stone façade w/ brick sides & rear, natural stone front steps & walkout. Fully automated sensor snow-melting system covers driveway, porch, steps & side entrance, while the insulated garage provides premium functionality. The grand foyer impresses w/ dramatic 15-ft ceilings, custom millwork, built-in pantry & office w/ built-in bookcases. The main flr offers 10-ft ceilings thruout, where living & dining rms flow effortlessly, highlighted by a gas fireplace & custom wine cellar wall. The showpiece kitchen feat. top-of-the-line Miele built-in appls, oversized natural soapstone island w/ breakfast bar, spacious pantry & seamless connection to the family rm. Floor-to-ceiling picture windows fill the home w/ natural light. Walkout to large deck perfect for outdoor entertaining. Upstairs w/ 9.5-ft ceilings, the primary suite offers a private retreat complete w/ spa-inspired ensuite feat. heated flrs, custom dressing rm, mini bar & private balcony. Three additional bedrms, each w/ ensuite/semi-ensuite, provide comfort & privacy. The finished walk-up lower level offers versatility for extended family or potential rental income, w/ fully equipped second kitchen, additional ensuite bedrm, soaring 16-ft ceilings & hydronic heated flrs thruout. Additional features incl. 4-stop walnut interior elevator serving all levels, Control4 home automation, comprehensive security system & smart home w/ six night-vision colour cameras, motion sensors & glass-break detection, central vacuum, plus indoor & outdoor speakers. 2 ACs & 2 furnaces (separate for basement) complete this exceptional residence.

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