2035 Yonge Street, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Mount Pleasant West. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,775,000 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 0 Bathrooms
- Premium 15.68 x 97.17 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Prime Yonge Street Mixed Use Commercial/Residential 5 mins. walk to Eglinton or Davisvillestations. Can be purchased together with 2037 Yonge St. providing a rare opportunity for 33 feet of retail frontage on Yonge St. High income area surrounded by successful long time retail institutions in this neighbourhood. 1300 square feet of retail, 1300 square feet of residential apartment and 1300 square feet basement with 7 ft. ceilings. Future potential tobe sold as part of a high-rise development assembly. Buildings to the north and south already owned by a developer. Currently outfitted as a restaurant. Two washrooms/one accessible.Upstairs one bedroom apartment, kitchen, bathroom, living and dining with rear roof deck could be converted to office space.
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Pricing & Value Insights
Data-driven valuation for 2035 Yonge Street, Toronto C10, ON M4S 2A2
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 $2,775,000 in Toronto, the legal minimum down payment is $555,000 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 $55,850 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $55,850 also applies, bringing the total estimated land transfer taxes to $111,700.
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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.
