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Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of Humewood-Cedarvale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,995,000 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.
Opportunity to acquire one turn-key walk-up Apartment building in the highly sought after pocket of Humewood-Cedarvale just steps from St Clair Ave W Subway Station. The property has undergone extensive renovations over the past 8 years offering prospective purchasers a passive investment opportunity with no immediate Capital Expenditures forecasted in the near or medium term. Committee of Adjustment approval to construct a new 12-Storey Apartment building containing 80 Units. 151 Vaughan Rd Property Specific DetailsLot Size: 5,167 ft Frontage: 40.05 ft Depth: 129.16 ft Taxes: $14,984 (2024)
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Storage Area Lockers, Separate Heating Controls, Water Heater
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This could be the first listing for this address.
Data-driven valuation for 151 Vaughan Road, Toronto C03, ON M6C 2L9
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 $2,995,000 in Toronto, the legal minimum down payment is $599,000 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 $61,350 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $61,350 also applies, bringing the total estimated land transfer taxes to $122,700.
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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.