160 Varsity Road, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Lambton Baby Point. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,299,000 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.
- 6 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 35.3 x 147.2 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater
- equipped with window unit(s) central cooling and highly efficient forced air heating via gas
Description
Fantastic Investment Opportunity in Prime Location! This Is The Perfect Rehab Opportunity Or Next BRRRR Project. Solid Home With Excellent Bones And Over 3000sq.ft Of Combined Living Space. This Cosmetic Fixer-Upper Features Three Spacious Self-Contained Units, Ample Storage And A Massive Double Garage. Upper Unit Has 3 Bedrooms, Main Unit Has 2 Beds And Can Easily Be Converted To 3 Bedrooms, Lower Unit Has 2 Bedrooms. Laundry Room Is Located On The Lower Level (See Floor Plans). There's A Very Private Backyard Behind The Garage And A Spacious Parking Pad - This Could Fulfill A Savvy Investor's Dream For A Garden Suite. Four Separate Hydro Meters, Newer Roof, Lennox Furnace (Nov 2024), Upgraded Windows And A Freshly Painted Main Floor Unit - The Perfect Property For Investors Or End-Users Looking To Live In One Unit And Rent The Others. Don't Miss Out On This Exceptional Investment, A Must See! Some Pictures Are Virtually Staged.
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Pricing & Value Insights
Data-driven valuation for 160 Varsity Road, Toronto W02, ON M6S 4P3
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 $1,299,000 in Toronto, the legal minimum down payment is $259,800 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 $22,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,455 also applies, bringing the total estimated land transfer taxes to $44,910.
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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.
