14 Afton Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Little Portugal. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,349,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 17.58 x 90 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
14 Afton Avenue is an R(d1*804)-zoned mixed-use property in Toronto's vibrant and revitalized Little Portugal, on a corner lot at Queen St W and Beaconsfield. MPAC classifies the 1894 building as a duplex (Property Code 332), meaning two dwelling units. In current use, the ground-floor unit is operated as a ~1,200 sf retail storefront (legalized under site-specific exception R(x804)) and is leased month-to-month to Inabuggy Inc at $3,500 plus HST. The upstairs residential unit is leased at $2,500/mo per the owner; corridor rent benchmarks (20 Afton at $4,200, 8 Grafton main at $3,995) suggest market for a comparable unit is closer to $4,000, so the in-place rent sits roughly $1,500/mo below market. A great opportunity for an investor, live upstairs and run your business ground level or convert to residential duplex or single family residence. Use your imagination and create your own space in this versatile property Impressive Density Within Walking Distance With Guaranteed Foot Traffic Every Day. Storefront Space Is Ideal For Art Gallery, Convenience, Cafe,Specialty Food Or Service, Real Estate Office, Morgtage Broker or a variety of possible uses.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 14 Afton Avenue, Toronto C01, ON M6J 1R7
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 $1,349,000 in Toronto, the legal minimum down payment is $269,800 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 $23,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $23,455 also applies, bringing the total estimated land transfer taxes to $46,910.
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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.
