Re-listed 3 hours ago

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 market3 hours

Total days on market
97 days

Estimated valueNot available

Price/Sqft$550/sqft

Monthly cost

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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, cafes, 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 ®NumberW12687346
Community NameKingsway South
Data SourceTRREB
Listing bySOTHEBY'S INTERNATIONAL REALTY CANADA

Features

Heating: Water
Cooling: Central Air
Fireplace
Basement: Fin W/O

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

Jan 12, 2026
ListedActive
$5,499,999
3 hours on market
history photo preview49
Listing by trreb®
Property listed by SOTHEBY'S INTERNATIONAL REALTY CANADA, Brokerage
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Market Data - Kingsway South

Geo Zone Map ThumbnailKingsway South

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

52 days

Compared to

2025

36 days

2024

41 days

2023

2 days

New Listings

Past 30 days

2 listings

Compared to

2025

0 listing

2024

1 listing

2023

5 listings

Units sold

Past 30 days

2 units

Compared to

2025

2 units

2024

1 unit

2023

1 unit

Median Sold Price

Past 30 days

$3,975,000

Compared to

2025

$2,162,500

2024

$1,670,000

2023

$1,900,000


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