1587 DUFFERIN Street, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Corso Italia-Davenport. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,388,000 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 9.55 x 36.8 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient radiant heating via gas
Description
Rare Canvas Awaiting Your Personal Touch! This large 2.5-storey detached house offers massive potential to design your ultimate dream space or build immediate wealth in the popular Corso Italia-Davenport neighbourhood. Featuring a highly functional layout with a separate basement entrance and a huge third-floor loft, imagine customizing this property into three separate, modern apartments to generate over $6,000 per month in passive rental income. It is the perfect opportunity for multi-generational families or savvy buyers looking for a great mortgage helper. The real value lies in the premium, rare 32 x 120-foot lot. This deep piece of land gives you plenty of space to visualize a major rear addition, design a trendy garden suite, or build a brand-new custom home from scratch. You can easily create a private backyard oasis for outdoor entertaining and gardening. Enjoy a head start on your creative vision with a brand-new roof (2023) and fresh interior paint throughout. Located just steps from St. Clair Ave West transit, vibrant dining, and local shops. A hidden gem with endless possibilities!
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Other
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1587 DUFFERIN Street W, Toronto W03, ON M6H 3L5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
Configure Loan Settings
About Purchasing a Home in Toronto, ON
For a property listed at $1,388,000 in Toronto, the legal minimum down payment is $277,600 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 $24,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,235 also applies, bringing the total estimated land transfer taxes to $48,470.
Nearby Listings
No current listings found in Toronto.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.
