132 Browns Line, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Alderwood. Expertly crafted featuring premium stucco (plaster) and aluminum siding construction, this residence presents an exceptional opportunity offered at $1,999,990 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.
- 4 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 25 x 125 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Exceptional opportunity at the prime corner of Browns Line & Lakeshore Blvd W. Zoned RM (U30 (X18), this property offers outstanding potential for a Legal Duplex or Triplex in a highly sought after Toronto location. The existing layout includes a 2 bedroom unit and a 1 bedroom unit, with the possibility of creating a bachelor unit in the basement. Excellent opportunity for income generation for owner to live in and rent out units or for investors. Surrounded by ongoing revitalization in the area and strong rental demand. Steps to transit , shops, parks, the waterfront. Close to Humber College and quick easy access to Toronto.
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Pricing & Value Insights
Data-driven valuation for 132 Browns Line, Toronto W06, ON M8W 3T2
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 $1,999,990 in Toronto, the legal minimum down payment is $399,998 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 $36,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $36,475 also applies, bringing the total estimated land transfer taxes to $72,950.
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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.
