Welcome to this remarkable commercial retail located in the coveted neighborhood of Annex. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $6,500 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.
Prime retail opportunity at 178 Davenport Road. Ground floor space with excellent visibility and frontage along Davenport, ideal for a café, service-oriented retail, boutique, and more. Ready for immediate occupancy. Full height basement included. Tenant responsible to pay for utilities (electricity, gas, and water), garbage, and snow removal in addition to semi-gross rent. All rent subject to HST.
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This could be the first listing for this address.
Data-driven valuation for 178 Davenport Road GF, Toronto C02, ON M5R 1J2
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 $6,500 in Toronto, the legal minimum down payment is $325 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 $33 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $33 also applies, bringing the total estimated land transfer taxes to $65.
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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.