1 Burlington Crescent, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Wychwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,749,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms
- Premium 57.83 x 120 ft lot size
- 5.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Carpet Free, Auto Garage Door Remote
- equipped with other central cooling and highly efficient forced air heating via gas
Description
Exceptional development opportunity! Discover the perfect canvas for your next project with this incredible south facing, corner property featuring a rare 57 by 120 foot corner lot. Located in prime Wychwood, this lot offers exceptional potential for end users, renovators, builders, and developers alike. With 60% lot coverage, the possibilities are endless: create a stunning, expansive single-family residence with ample space for luxurious living or develop two high-end luxury townhomes, each offering modern design and unparalleled appeal or construct two multi-plex with multiple units to maximize income potential perfect for building long-term rental revenue or securing your retirement income. This is your chance to invest in a property with versatility, profitability, and potential. Whether you're looking to create a dream home or an exciting development, this property is a one-of-a-kind opportunity. Think big, think long-term, and make your vision a reality! Property is being sold as is.
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Carpet Free, Auto Garage Door Remote
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1 Burlington Crescent, Toronto C02, ON M6H 2L3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,749,000 in Toronto, the legal minimum down payment is $349,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $31,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $31,455 also applies, bringing the total estimated land transfer taxes to $62,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
