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Welcome to this remarkable 3-Storey other located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,499,900 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.
Huge price reduction! Prime mixed-use opportunity in the heart of downtown. Three-storey building plus basement with strong income potential and flexible future use .Main floor currently operating as a restaurant, providing immediate commercial presence and street-level exposure. Second and third floors are vacant-ideal for office, creative workspace, or conversion to residential units. Excellent opportunity to add value through repositioning or lease-up. Bright, south-facing upper levels offer loft-style space with high ceilings and natural light-well suited for modern office or residential layouts. At the rear, a separate bachelor unit provides additional income, currently tenanted on a month-to-month basis. Well-priced asset with multiple exit strategies: hold and lease, reposition, or partial residential conversion. Please note that the property is listed as historical. Retail is tenanted, 2nd floor is vacant, 3rd floor is vacant, back (2nd floor) bachelor unit is tenanted - all tenants to be assumed
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 106 Queen Street E, Toronto C08, ON M5C 1S6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,499,900 in Toronto, the legal minimum down payment is $299,980 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 $26,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,473 also applies, bringing the total estimated land transfer taxes to $52,946.
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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.