$3,850,000 - 498 Roxton Road, Downtown Toronto
Detached for Sale in Downtown Toronto
153 days on market- MLS Number
- C12747068
- Property Type
- Detached
- Status
- active
- Days on Site
- 153
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Neighbourhood-defining interior design by Glen Peloso with Decorators and Designers Association of Canada hosting their Design Showcase this March at the property. Discover Toronto's take on a New York-inspired industrial soft loft. Builders went to committee and created this Detached spectacular sprawling and carefully crafted family home offering nearly 4,500 sq ft of living space across four levels, with approximately 3,100 sq ft above grade, set on a 27.98-ft wide lot. The Massive Detached garage backs onto a Laneway that begs for a coach house. The bright, wide-plank main level features an east-facing dining area flooded with natural light, flowing into a custom chef's kitchen with oversized island, separate built-in refrigerator and freezer, bespoke lighting, and exceptional storage. Factory-inspired glass walls and double doors lead to an elegant family room with fireplace, custom built-ins, and a full wall of glass opening to a large outdoor deck. A rear mudroom with built-in seating and storage adds everyday functionality. Powder room finished with custom New York streetscape wallpaper.The primary retreat occupies the entire third floor, introduced by a dramatic landing with an east-facing sunroom wrapped in floor-to-ceiling windows, complete with coffee station and wet bar. Step out to a city-skyline views from the observation deck. The primary bedroom features abundant natural light, custom built-ins, and fireplace, complemented by a spa-like ensuite and an exceptional walk-in dressing room with centre island, skylight, and extensive shelving.The second floor offers a large bedroom with private 4-pc ensuite, two additional generous bedrooms with balcony access, a full laundry & second utility room, and an additional 4-pc bath.The lower level spans approximately 1,200 sq ft, featuring a substantial recreation room, glass-enclosed wine cellar, nanny or guest suite, 4-pc bath, and cantina. 2 AC units and 2 Heat furnaces help balance your atmosphere.
Estimate your monthly payments for this property
Estimated Payment
$17,029.85/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
498 Roxton Road, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1283/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 153 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Downtown Toronto are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Downtown Toronto.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.