$2,789,000 - 553 Davisville Avenue, Leaside
Detached for Sale in Leaside
63 days on market- MLS Number
- C13008834
- Property Type
- Detached
- Status
- active
- Days on Site
- 63
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Leaside / Davisville
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
A true masterpiece crafted & designed by renowned designer Ali Budd, this exceptional 4 bed, 4 bath home blends elevated design with everyday living in the highly sought after Davisville Village. From the moment you enter, the home reveals soaring ceilings, a curated palette of luxurious materials & bespoke details including marble accents, custom millwork, integrated cabinetry, & built-in speakers throughout. The open-concept living & family rooms are anchored by a striking marble feature fireplace & dramatic window wall, creating a sophisticated backdrop for entertaining & daily life. The designer kitchen & spacious dining room combine beautifully to create an exceptional entertaining space with stone countertops, an oversized centre island w/breakfast bar, panelled appliances, a 6-burner gas range, & statement hood vent. Dramatic floor-to-ceiling sliding glass doors open seamlessly to a private backyard deck for effortless indoor-outdoor living. A heated-floor powder room completes the main level. Upstairs, the vaulted primary retreat with grand picture window & custom walk-in closet offers a spa-inspired 5-piece ensuite with skylights, heated floors, glass shower, & soaker tub. Three additional vaulted bedrooms feature custom closets with thoughtful storage & abundant natural light. This floor is complemented by a beautiful family bath with heated floors & skylight. The lower level adds versatility with an office or guest bedroom with Murphy bed, recreation room with custom cabinetry & storage, dedicated workspace, full bath, & laundry room. Outside, enjoy a fully fenced backyard oasis w/deck, hot tub, stone patio, grassy yard, & rare two-car laneway parking. The property also includes architectural landscape drawings along with plans & permits for a three-storey laneway suite by IZEN Architecture. Ideally located steps to Bayview Ave's shops, restaurants, & transit, & within the coveted Maurice Cody SD. This is a special home not to be missed!
Estimate your monthly payments for this property
Estimated Payment
$12,336.69/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 Leaside / Davisville
Leaside / Davisville 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 Leaside / Davisville
- •Convenient location in Leaside / Davisville
- •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
Leaside / Davisville 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.
553 Davisville Avenue, Leaside / Davisville
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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 $1395/sqft, this property is priced above the Leaside 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 63 days on site, this property has exceeded the typical selling timeline for Leaside. 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 Leaside 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.
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 Leaside.
Bathroom Count Matters
With 4 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.
Investment Perspective
Looking at this as an investment: Leaside properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $11,621 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.