Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $2,500,000 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.
**Rare Opportunity To Own Two Detached Homes/ Multi-generational Home For The Price Of One** This Is Your Chance To Own Two Single Detached Homes On A Spacious Corner Lot With 2 Laneways **Back House Private & Versatile** The Separate Rear Home Offers Approximately 1,200 Sq. Ft. Of Comfortable Living Space, Ideal For A Single Professional Or Couple Seeking A Vibrant And Enriched Lifestyle. It Is Easily Accessible From Three Entry Points: The Front And Two Convenient Laneways. The Upgraded, Insulated Double Garage Is A Valuable Addition, Adaptable For Multiple Uses, Such As A Home Office, Recreation Room, Hobby Space, Or A Personal Retreat. **Main House Spacious & Multi-Functional** Designed To Accommodate Multiple Families Plus Rental Income, This Property Provides Exceptional Flexibility. **Upper Levels** A Spacious Family Home Featuring Four Bedrooms, Including Two With Ensuite Bathrooms, While The Other Two Share A Full 4-Piece Bathroom. A Second Living Room Can Also Function As A Fifth Bedroom. **Main Floor & Basement**: Designed For Multi-Generational Living Or Investment Income, The Main Floor And Basement Can Serve As A Single Unit For A Large Family Or Be Rented Separately. The Basement Has A Private Entrance And Can Be Divided Into Two Rental Units For Additional Income. **Future Expansion Potential** The Property Offers The Opportunity To Expand Further By Adding An Upper-Floor Solarium And Deck, Enhancing Both Space And Value. Don't Miss This Unique Investment Opportunity A Dual-Home Property With Income Potential And Endless Possibilities - Fantastic Investment Options.
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Data-driven valuation for 134 Millicent Street, Toronto W02, ON M6H 1W4
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 $2,500,000 in Toronto, the legal minimum down payment is $500,000 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 $48,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $48,975 also applies, bringing the total estimated land transfer taxes to $97,950.
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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.