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Mount Pleasant East, Toronto
$2,079,000
Welcome to 18A Sherwood Avenue, a beautifully appointed 4-bedroom, 5-bathroom residence offering 2934 total sqft. of thoughtfully designed living space across four finished levels in the highly sought-after Sherwood Park neighbourhood. Combining timeless architectural details with modern comforts, this exceptional home offers an ideal balance of sophisticated entertaining and everyday family living. Step inside to discover soaring ceilings, rich hardwood floors, elegant wainscoting, crown mouldings and a striking staircase. The main floor features inviting living and dining spaces that flow into a beautifully designed kitchen with stone countertops, stainless steel appliances, a breakfast bar and an adjoining family room. A spectacular coffered ceiling and gas fireplace add warmth and character, while French doors open to an expansive deck overlooking the exceptionally deep, private, tree-lined backyard. The second floor features a spacious primary retreat with a Juliette balcony, walk-in closet and luxurious ensuite complete with double vanity, glass-enclosed shower and soaker tub. An additional bedroom, full bathroom and convenient laundry complete this level. The third floor offers two generously sized bedrooms, each with its own private balcony, plus another full bathroom. Skylights fill the upper level with natural light. The finished lower level provides a generous recreation room, separate office/den, additional bathroom and excellent storage. Outside, enjoy an expansive entertaining deck and beautifully landscaped, fully fenced backyard offering a peaceful urban escape. Two-car parking adds everyday convenience. Ideally located steps from Yonge Street's shops, restaurants, cafes and subway, close to Sherwood Park and within the sought-after Blythwood Junior Public School and North Toronto Collegiate Institute catchments. A rare opportunity to enjoy spacious, refined family living in the heart of Midtown Toronto.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $10,641
- Property tax
- $905
- Heat allowance
- $150
- Housing costs
- $11,696 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$360,000
gross annual household income
- Payment at 4%
- $8,749 / mo
- Cash down
- $415,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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