1600 Finch Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of York University Heights. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $399,000 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 120 x 60 ft lot size
Description
Well-located lot with excellent frontage on Finch Avenue West. This unique parcel offers approximately 120 feet of frontage by 60 feet of depth and presently includes an advertising billboard on the property. Purchasers are advised to conduct their own due diligence with the City of Toronto to confirm zoning, permitted uses, development potential, and the suitability of the property for their intended use.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1600 Finch Avenue W, Toronto W05, ON M3J 1V3
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 $399,000 in Toronto, the legal minimum down payment is $19,950 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 $4,460 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,460 also applies, bringing the total estimated land transfer taxes to $8,920.
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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.
