1556 Avenue Road, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Bedford Park-Nortown. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,200,000 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 19.7 x 104 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Prime retail opportunity on busy Avenue Road just north of Lawrence in one of Toronto's most established commercial corridors. Exceptional west side exposure with strong daily traffic and excellent visibility. Large front display window provides outstanding street presence and natural light.Approximately 1,200 sq ft of main floor retail space plus 776 sq ft basement. High main floor ceilings create an open, flexible layout suitable for a variety of uses including retail, professional office, or medical services. Basement includes two washrooms and additional storage or workspace.Located in a rapidly evolving area with nearby and upcoming condominium developments bringing continued residential density and customer traffic to the corridor.Very clean space available immediately. Convenient access to Highway 401 and public transit. One parking space included at the rear of the building. Property now legally severed.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1556 Avenue Road, Toronto C04, ON M5M 3X5
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 $2,200,000 in Toronto, the legal minimum down payment is $440,000 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 $41,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $41,475 also applies, bringing the total estimated land transfer taxes to $82,950.
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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.
