12 Gibson Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 1 1/2 Storey fourplex located in the coveted neighborhood of Thistletown-Beaumonde Heights. Expertly crafted featuring premium stucco (plaster) and stone construction, this residence presents an exceptional opportunity offered at $1,725,000 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.
- 8 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 60 x 148 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Charming 4-Unit Home on a Large, Leafy Lot - A Rare Opportunity in a Quiet Family Neighbourhood Beautifully converted home offering four self-contained suites, each with its own character and charm. Set on an expansive flat lot with mature greenery, this property blends multi-unit functionality with the warmth and appeal of a traditional family neighbourhood. The home features a mix of spacious layouts, updated kitchens and baths, bright living areas, and ample outdoor space for tenants to enjoy. Ideal for investors seeking stable income in a high-demand rental area, or for an owner-occupier looking to live in one unit while generating strong supplementary income. Located on a peaceful, tree-lined street close to parks, good schools, transit, and everyday amenities. Plenty of on-site parking and a generous backyard add to the long-term value. A rarely offered multi-unit opportunity in a truly residential setting. Additional Opportunity: The property is currently held in a corporation. The seller is open to an offer for the shares of the holding company, which may provide certain purchasers with potential tax and land-transfer cost efficiencies. (Buyers are advised to consult their own legal and accounting professionals.)A must-see for investors and families alike.
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Pricing & Value Insights
Data-driven valuation for 12 Gibson Avenue, Toronto W10, ON M9V 2S6
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 $1,725,000 in Toronto, the legal minimum down payment is $345,000 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 $30,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $30,975 also applies, bringing the total estimated land transfer taxes to $61,950.
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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.
