51 Binscarth Rd - $6,200,000

Binscarth And Glen - Toronto, ON

Property Description

Beautiful Family Home On Exquisite, 50 X 439 Feet Ravine Lot. Nothing Has Been Overlooked In Executing This Total Renovation In 2010/11. Main Floor Perfect For Entertaining With Walkout To Terrace From Living Room. Dining Room With Bay Window Overlooking Gardens & Ravine. Chefs Kitchen With Top Stainless Steel Appliances, Walkout To Deck. Second Level Master Bedroom With Large Dressing Room, Custom Closet With His And Her’s Ensuite Bathrooms’, Laundry. 4 Additional Bedrooms Including 3rd Floor Suite With Juliette Balconies. Lower Level, Walk-Out To Garden, Family Room, Wet Bar, Wine Cellar, Nanny’s Room, 3-Piece Bathroom. Attached Garage With Direct Access To House. Top Systems, Best Of The Best!

Property Details

MLS Number:A_EXC1828603
Property Type: Detached
Property Style: 3-Storey
Bedroom:4+1
Bathroom: 6
Square Footage:5000 Feet
Land Size:50 x 439
Parking Spaces: 5
Garage Type: Attached
Exposure: Stucco/Plaster
Taxes:$27,973

Toronto Real Estate Market Report

The Toronto residential resale market returned to form in October. It returned to where it should have been before the frenzy set in at the beginning of this year and buyers began competing for properties indiscrimately and paying unreasonable prices. Price increases of 30 percent on a year-over-year basis are simply unsustainable. Even without the implementation of the 15 percent foreign buyers tax introduced in April the market would have returned to reality. Reality was accelerated by the tax.