1702 Jane Street, Toronto, ON
Property Highlights
Welcome to this remarkable store w apt/office located in the coveted neighborhood of Weston. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,398,000 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 4 Bathrooms
- Premium 18.2 x 121.45 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Welcome to 1702 Jane Street. A great investment opportunity located in Toronto's vibrant Weston neighborhood. The surrounding area boasts a variety of amenities, including schools, parks, shopping centers, and dining options, contributing to the properties appeal for both commercial and residential purposes. This very well maintained versatile property features a high exposure commercial storefront plus 3 residential apartments: a renovated 2-bedroom unit on main level (vacant for own-use or rent out), a very spacious 2-bedroom unit on upper level and a 3-bedroom unit on lower level. Front & rear separate access with 4 parking spots total. All existing leases on the basis of month to month, providing the flexibility to tailor the property to your specific needs. Conveniently situated just minutes from Highway 400/401, Weston GO Station and TTC at your doorstep, this property offers exceptional visibility and accessibility for both commercial and residential use. Projected to generate Net Annual Income of $90,000 plus, this property boasts a favorable Capitalization Rate of 6.0% above. Please note that the income figures are based on current and previous rent and actual income may vary based on market conditions and management. This is your opportunity to invest in a property with immense potential for business or rental income. Don't miss it!!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1702 Jane Street, Toronto W04, ON M9N 2S4
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 $1,398,000 in Toronto, the legal minimum down payment is $279,600 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 $24,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,435 also applies, bringing the total estimated land transfer taxes to $48,870.
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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.
