Welcome to this remarkable investment located in the coveted neighborhood of Weston-Pellam Park. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,299,999 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.
Attention end-Users, value-add Investors, Builders! 1700 St. Clair Ave West is available for sale & primed for a three-storey addition with as-of-right zoning. Building was gutted to the studs in 2021 with all new mechanical, plumbing & electrical systems. Architectural drawings available for a 2nd & 3rd floor addition for two 2-storey, 2-bedroom apartments. Partial load bearing support + stairwell cavities installed for the future front & rear apartments on the 2nd & 3rd floor addition. Commercial main floor unit has accessible W/C & private rear access to laneway parking for 2 SUV sized vehicles. Finished 1,600 SF high & dry basement w/powder room, office & separate entrance. Retail unit occupied by popular neighbourhood favorite specialty food market/cafe/wine shop LA SPESA FOOD MARKET. Hundreds of 1000s spent on re-build - No detail or quality was spared in the quality & design. On the North sunny side of the street with great curb appeal & neighbouring a development pipeline of 1000s of residential units. Steps to 512 streetcar, walking distance to the future Metrolinx UP Station, and falls within the St Clair-Old Weston Major Transit Station Area. This is the opportunity to get in early & take it to the next level! Cover photo is a rendering.
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Data-driven valuation for 1700 St Clair Avenue W, Toronto, ON M6N 1J1
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 $1,299,999 in Toronto, the legal minimum down payment is $260,000 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 $22,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,475 also applies, bringing the total estimated land transfer taxes to $44,950.
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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.