Welcome to this remarkable investment located in the coveted neighborhood of South Riverdale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,900,000 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.
8,880 SF loft-style multi-residential building in the heart of Riverdale, currently configured as five oversized apartment units ranging up to 2,853 SF. The property offers strong in-place residential income, complemented by additional revenue from rooftop solar installations. Featuring 11-foot ceilings, six on-site parking spaces, and an approximately 5,000 SF landscaped backyard, the property has a unique blend of character and functionality in a highly supply-constrained market. Ideally located steps to Riverdale Park, the Broadview Hotel, and the amenities of Queen East, the property presents a compelling opportunity for investors seeking stable cash flow with long term value enhancement potential. Offered under Receivership on an as-is, where-is basis.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 184 Munro Street, Toronto E01, ON M4M 2B9
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 $3,900,000 in Toronto, the legal minimum down payment is $780,000 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 $83,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $83,975 also applies, bringing the total estimated land transfer taxes to $167,950.
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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.