218 Beatrice Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2 1/2 Storey semi-detached located in the coveted neighborhood of Palmerston-Little Italy. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,919,000 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.
- 7 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 19.83 x 125 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with wall unit(s) central cooling and highly efficient radiant heating via gas
Description
Discover a spacious and stylish gem in the heart of Palmerston Little Italy - 218 Beatrice Street - 2 separate legal units. Step into this beautiful home, thoughtfully designed with modern finishes, warm hardwood floors, and an inviting layout that's ideal for entertaining or relaxing. The main floor unit features four comfortable bedrooms (2 in the lower level) complemented by a full kitchen. Venture downstairs to the fully finished basement with walk-out, complete with high ceilings, radiant heated floors, living area, bar area and ensuite laundry. The upper unit has a modern kitchen with stainless steel appliances including a dishwasher, combined living/dining room, 3 bedrooms, 4 piece bath, ensuite laundry and potential for a 3rd floor walk-out patio. Ideal for multi-generational living, a live-work setup, or simply having extra room to spread out. Situated on a tranquil, one-way street just steps from lively College Street, residents enjoy unparalleled access to Little Italy's vibrant café scene, artisanal shops, and cultural hotspots. The location boasts exceptional connectivity, with excellent walkability (Walk Score of 80), transit options (Transit Score of 91), and bike-friendliness (Bike Score of 100). Come experience a perfect blend of elegance, warmth, and Toronto charm right here at 218 Beatrice Street. Over a 5% cap rate based on fully tenanted NOI for 2024!
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Pricing & Value Insights
Data-driven valuation for 218 Beatrice Street, Toronto C01, ON M6G 3G1
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 $1,919,000 in Toronto, the legal minimum down payment is $383,800 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 $34,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $34,855 also applies, bringing the total estimated land transfer taxes to $69,710.
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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.
