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New1 hour ago

89 Ardwold Gate

Casa Loma, Toronto

$10,000,000

Detached|1 1/2 Storey
4 | 4 | 4
About this home

Opportunity knocks on one of Toronto's most coveted cul-de-sacs. An incredible ravine lot of more than 3/4 of an acre, beautifully situated on the street in the Casa Loma neighbourhood. Surrounded by Toronto's finest homes and in close proximity to the downtown core, this spectacular lot includes approved plans for an approximately 9000sqft home designed by highly regarded Wayne Swadron Studios. This is a rare chance where only building permits are required to start to build your dream home, with lot coverage of 70%! A grand stone staircase with lower level terrace descends into Nordheimer Ravine, it remains from the original Ardwold Gate Estate, this extension of the garden would not be permissible today. The existing French chateau style house can be enjoyed up until building begins, and significant existing landscaping can be preserved. Start to build in this exclusive enclave, truly an oasis in the city! Enjoy being surrounded by nature and yet convenient to transit, shops and restaurants in the Forest Hill Village and along Dupont Street. Close to Toronto's finest schools, both public (Brown JR PS and Deer Park JR & SR PS) and private (UCC, BSS, The York School, Havergal College, St. Michael's, Branksome Hall). The photos attached are: renderings of the approved house, possible renderings of limestone facades, existing lot and house photos, and some historical photos of the Ardwold "High on the Green Hill" Estate.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$38,680
Lot Size89.19 ft x 184 ft
mls© NumberC13763124
Listed ByJohnston & Daniel

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$51,185
Property tax
$3,223
Heat allowance
$150
Housing costs
$54,558 / mo

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

Down payment20% · $2,000,000
25-yr amortization

Income needed

$1,679,000

gross annual household income

Payment at 4%
$42,082 / mo
Cash down
$2,000,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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