$3,100,000 - 41 Northcote Avenue, Downtown Toronto
Detached for Sale in Downtown Toronto
50 days on market- MLS Number
- C13048386
- Property Type
- Detached
- Status
- active
- Days on Site
- 50
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
A rare Certified Passive Home in Queen West, this modern masterpiece is designed for both style and sustainability. Purpose-built to meet rigorous energy-efficiency standards, this ultra-low-cost home offers over 3,000 sq ft of above-ground living space, where sleek finishes and thoughtful details define an elevated urban lifestyle. The main floor welcomes you to a bright, open-concept layout featuring wide-plank hardwood floors, a statement staircase with glass railings, custom oak cabinetry, and designer LED lighting throughout. The chef's kitchen is a true showstopper complete with integrated high-end appliances, stone countertops, dramatic backsplash, and an oversized island with seating. The adjoining family room offers a seamless indoor-outdoor connection with a walkout to the private back patio. Upstairs, soaring 9ft ceilings enhance the sense of space and light. The serene primary suite features a walk-through closet with built-ins, a spa-like 4-pc ensuite, and large windows overlooking a private terrace. This level also includes a second bedroom with its own ensuite and a full laundry room. The third floor offers a stunning secondary primary retreat with a luxurious 5-pc ensuite featuring a soaker tub, extensive closet space, and direct access to a private rooftop deck. An additional large bedroom with generous storage completes this level. Bathrooms throughout are finished with premium fixtures by Gessi, Toto, and Nobili, complemented by floating vanities and wall-hung toilets. The lower level, with separate entrance, offers a spacious living and dining area, a 4-piece bath, and a generous bedroom-ideal for an in-law, guest, or nanny suite. A detached two-car garage wired for an EV charger and a rooftop terrace further enhance the outdoor lifestyle. Steps to the shops, cafes, and restaurants of Queen West and Ossington, and minutes to the future King-Liberty GO Station, this exceptional home delivers a rare blend of luxury, and urban convenience.
Estimate your monthly payments for this property
Estimated Payment
$13,712.35/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.
41 Northcote Avenue, 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
Fair Market Value
At $1033/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 50 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.