1415 Kennedy Road, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Dorset Park. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $750,000 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
- Spacious lot size measured in Feet
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Excellent owner-user and investment opportunity in a well-established commercial plaza at Kennedy Road and Ellesmere Road in Scarborough.This versatile two-storey commercial condo features approximately 1,000+ sq. ft. on the ground floor, complete with a private washroom and an efficient layout suitable for a wide range of professional, medical, wellness, educational, and retail uses.The second floor offers approximately 400+ sq. ft. of office space with its own private washroom and is currently leased for $1,150 per month, providing immediate rental income and helping offset ownership costs.Ideal for business owners looking to operate their own practice while benefiting from additional cash flow. Suitable for medical clinics, dental offices, physiotherapy, accounting firms, law offices, immigration consultants, mortgage and insurance brokers, beauty and wellness businesses, tutoring centres, and other professional services.Conveniently located with excellent exposure, ample on-site parking, easy access to Highway 401, and close proximity to TTC.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1415 Kennedy Road 8, Toronto E04, ON M1P 2L6
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 $750,000 in Toronto, the legal minimum down payment is $50,000 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 $11,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,475 also applies, bringing the total estimated land transfer taxes to $22,950.
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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.
