Welcome to this remarkable commercial retail located in the coveted neighborhood of Oakwood Village. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,488,000 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.
Prime mixed-use investment opportunity in the heart of Midtown Toronto! Ideally situated on vibrant Eglinton Avenue West, this well-located property features aground-floor retail unit currently operating as an electronics store, plus two spacious 2-bedroomresidential apartments above, offering multiple income streams and excellent long-term potential. An added bonus is the nearly 500 sq. ft. basement with a separate entrance, providing valuable storage or additional flexibility for the commercial space(subject to permitted uses). Positioned just steps from the new Eglinton Crosstown LRT and close to the Allen Road, the property offers outstanding accessibility, high visibility, and strong pedestrian traffic. As transit infrastructure continues to transform the corridor, Eglinton Avenue West is experiencing significant revitalization, making this an excellent opportunity for investors, owner-operators, or those looking to secure a property in one of Toronto's fastest-evolving neighbourhoods. Close to shopping, restaurants, schools, and all major amenities, this isa rare opportunity to own a versatile income-producing property in an exceptional location.
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Data-driven valuation for 1479 Eglinton Avenue W, Toronto, ON M6E 2G6
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 $1,488,000 in Toronto, the legal minimum down payment is $297,600 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 $26,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,235 also applies, bringing the total estimated land transfer taxes to $52,470.
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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.