MLS® listing
47 Great Oak Drive: detached house for sale
$2,799,999
From the listing brokerage
Offered for the first time in decades, this exceptional custom-built residence presents a rare opportunity to own a landmark home in the prestigious Princess-Rosethorn community. Built in 1994 and set on a magnificent 70 x 141 ft lot surrounded by mature trees, this beautifully maintained home offers outstanding privacy, timeless craftsmanship, and approximately 4,200 sqft of above-grade living space.Thoughtfully designed and built for family living, the home features expansive principal rooms, a functional layout, and abundant natural light. Meticulously maintained over the years, every detail reflects the pride of ownership and quality construction that have defined this home for decades.The massive lower level, measuring approximately 2,500 sqft, offers exceptional potential, with full insulation and rough-ins already in place for a future custom living area tailored to your family's needs. A rare bonus is the large room beneath the garage, which provides additional flexibility for a workshop, wine cellar, home gym, storage, or specialty area of your choosing.Ideally situated in one of Etobicoke's most sought-after neighbourhoods, this home is within walking distance to top-rated elementary and secondary schools, parks, playgrounds, and recreational facilities. Enjoy convenient access to golf courses, tennis clubs, community centres, shopping, hospitals, TTC, subway stations, Toronto Pearson International Airport, and major highways including the Gardiner Expressway, QEW, 401, and 427.Whether you choose to move in and enjoy this lovingly maintained home or update it to reflect your own vision, 47 Great Oak Drive offers an exceptional opportunity on one of Princess-Rosethorn's most desirable streets. A true legacy property where quality construction, generous proportions, and an unbeatable location come together to create an extraordinary place to call home.
Facts on the listing
| Square feet | 3500-5000 |
|---|---|
| Style | 2-Storey |
| Basement | Full, Partially Finished |
| Lot width | 70 |
| Lot depth | 141 |
| Lot measured in | Feet |
| Faces | North |
| Parking spaces | 8 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Property tax | $13,213 |
| Tax year | 2026 |
| Interior features | Auto Garage Door Remote, Built-In Oven, Central Vacuum, Countertop Range, Floor Drain, Intercom, Rough-In Bath, Storage, Sump Pump, Water Heater |
Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS® W13850958.
About this detached house
47 Great Oak Drive is a 6 bedroom detached house in TRREB's Princess-Rosethorn community in Toronto, listed for sale at $2,799,999. The listing shows 5 bathrooms and 3500-5000 square feet. The style is given as 2-storey. The lot is listed as 70 by 141 feet. The listing gives the basement as full, partially finished. It comes with 8 parking spaces and an attached garage according to the listing. The nearest main intersection given is Islington Ave. & Rathburn Rd.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 47 Great Oak Drive
At the asking price of $2,799,999, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $2,799,999 |
|---|---|
| Ontario land transfer tax | $56,475 |
| Toronto municipal land transfer tax | $56,475 |
| Both taxes | $112,950 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $560,000 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The rates above $2,000,000 used here are the ones for a home with one or two single family residences. A property with more units is taxed differently. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2026) | $13,213 a year, about $1,101 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
How the asking price compares
TRREB recorded 550 detached house sales in the City of Toronto in August 2026, at a median price of $1,170,000 and an average of $1,525,749. This home is listed at $2,799,999, which is $1,629,999 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 70 by 141 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 47 Great Oak Drive
How much is land transfer tax on 47 Great Oak Drive?
At the asking price of $2,799,999 the Ontario tax is $56,475 and the Toronto tax is $56,475, $112,950 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 47 Great Oak Drive?
$560,000 at the asking price of $2,799,999, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 47 Great Oak Drive?
The listing shows $13,213 a year for 2026, about $1,101 a month.
Is 47 Great Oak Drive priced above or below the median?
It is listed at $2,799,999. The August 2026 median for detached house sales in the City of Toronto was $1,170,000 across 550 sales, so the asking price is $1,629,999 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 47 Great Oak Drive?
Use the form on this page or call us. Quote MLS® W13850958. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 47 Great Oak Drive still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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