18 Leduc Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Rexdale-Kipling. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $975,000 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 6 Bathrooms with 4 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 21.01 x 145 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 15.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Storage Area Lockers
- equipped with window unit(s) central cooling and highly efficient radiant heating via gas
Description
Outstanding Investment Opportunity! This spacious semi-detached is a perfect addition to any real estate portfolio, featuring an exceptional current rental income of approximately $89,000annually, 9% Cap rate. Situated on a generous premium pie-shaped 1/4 acre lot backing onto a serene park, this property combines tranquility and convenience. This property includes six one-bedroom units, each fully equipped with individual kitchens and bathrooms. The exterior offers ample parking spaces (over 15 available) along with a detached two-car garage and no side-walk. The property is steps away from TTC, schools, Rexdale Shopping Mall, Costco, Smart Centres, and provides easy access to major highways including 401 and 409. Whether you're looking to occupy a unit and lease the remaining or fully rent out all units, this property offers unmatched versatility and promising returns.
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Storage Area Lockers
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 18 Leduc Drive, Toronto W10, ON M9W 2A8
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 $975,000 in Toronto, the legal minimum down payment is $72,500 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 $15,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,975 also applies, bringing the total estimated land transfer taxes to $31,950.
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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.
