1367 Danforth Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Greenwood-Coxwell. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,998,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 46 x 100 ft lot size
- equipped with no central cooling and highly efficient gas hot water heating
Description
S/W corner of Danforth and Gillard. Configured as 10 apartments containing a total of 28 bedrooms w/ main floor retail. Excellent opportunity for an investor or retail/commercial user with supplementary income from apartments. Located in the Greenwood Major Transit Area with a proposed minimum density target almost double the areas current population making future development an appealing possibility.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1367 Danforth Avenue, Toronto E01, ON M4J 1N1
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 $3,998,000 in Toronto, the legal minimum down payment is $799,600 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 $86,425 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $86,425 also applies, bringing the total estimated land transfer taxes to $172,850.
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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.
