5 hours on Market

50 Bannon Ave, Toronto, Ontario M8X 1V1

Detached
4 + 1
6
~5000 + sqft
$5,499,999
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Detached
4 + 1
6
~5000 + sqft

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Highlights

Property Estimate

Days on market5 hours

Estimated valueNot available

Price/Sqft$550/sqft

Monthly cost

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CMA Subject Property

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+5

Properties sold*

$2M

Median sold price*

*Based on last 30 days

Description

Designed by Contempo Studio and built by Saaze Building Group in March 2024, this newly constructed custom residence epitomizes contemporary elegance and timeless sophistication. Its clean architectural lines, floor-to-ceiling windows, and premium finishes define modern design, while meticulous craftsmanship ensures every detail is executed to the highest standard. Nestled in The Kingsway one of Torontos most prestigious neighborhoodsthe home is surrounded by tree-lined streets, grand estate lots, and an architectural landscape rich in Tudor and Georgian influences. Situated on a peaceful, family-friendly cul-de-sac overlooking Lambton Kingsway Park and close to Lambton Kingsway School, the location is truly exceptional. The impressive 215-foot-deep lot creates an urban retreat with a saltwater pool, Jacuzzi, cabana, and lower-level walkout, delivering effortless indoor-outdoor living and entertaining. Boasting over 5,000 sq. ft. of refined living space, the home features Control4 automation, integrated 5.0 surround sound, radiant heated basement and bathroom floors, a steam shower, dual air systems, air purifier, steam humidifier, soft water, and a five-stage reverse osmosis filtration system. The chefs kitchen is outfitted with Wolf and Sub-Zero appliances plus premium hardware. Additional highlights include a home gym, office, laundry on the top floor with basement rough-in, a two-car garage, landscape lighting, and irrigation. Just minutes from Bloor Streets boutiques, cafés, restaurants, top-rated schools, community centres, the Humber River trails, and Home Smith Park, and with easy access to Royal York and Old Mill subway stations as well as major roadways, every convenience is within reach. Experience modern luxury and enduring elegance in a brand-new custom home in one of Torontos most coveted neighbourhoods.


Property Details

Style2-Storey
View-
Age of property-
SqFt~5000 + SqFt
Lot Size8,438 SqFt(215 x 39.25)
Parking Spaces4
MLS ®NumberW12449294
Community NameKingsway South
Data SourceTRREB
Listing bySOTHEBY'S INTERNATIONAL REALTY CANADA

Features

Heating: Water
Cooling: Central Air
Fireplace
Basement: Unfinished

Features

Lot size: 8,438 SqFt
Pool: Inground

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 2

Total parking spaces 4


Property History

Oct 7, 2025
ListedActive
$5,499,999
5 hours on market
history photo preview50
Listing by trreb®

Market Data - Kingsway South

Geo Zone Map ThumbnailKingsway South

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

15 days

Compared to

2024

14 days

2023

24 days

2022

15 days

New Listings

Past 30 days

20 listings

Compared to

2024

12 listings

2023

17 listings

2022

9 listings

Units sold

Past 30 days

6 units

Compared to

2024

5 units

2023

6 units

2022

8 units

Median Sold Price

Past 30 days

$2,351,500

Compared to

2024

$1,950,000

2023

$2,250,000

2022

$1,982,500


Population and Demographics

Overview

Total population 5044
Average household income $353,590

Age (%)

0 to 19
23%
20 to 34
13%
35 to 49
18%
50 to 64
23%
65 and plus
23%

Household composition (%)

Single family
72%
Single person
25%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
84%
Others
3%
Ukrainian
3%
Italian
2%
Polish
2%
Spanish
2%
French
2%
Portuguese
1%

House tenancy (%)

Owners
77%
Renters
23%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget