262 Jane Street, Toronto, ON
Property Highlights
Welcome to this remarkable store w apt/office located in the coveted neighborhood of Lambton Baby Point. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,188,888 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 1 Bathroom
- Premium 14.75 x 79.83 ft lot size
- Convenient street garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Rare opportunity to own a fully operational, income-producing mixed-use property in the heart of Toronto. This property features a thriving dry cleaning plant business with well maintained equipment and a loyal, repeat clientele, providing immediate cash flow. The upper-level apartment offers rental income or convenient live/work arrangements. Situated on high-traffic Jane St and Highly Coveted Baby Point Area. The building enjoys excellent visibility and strong growth potential. All equipment, fixtures, and client accounts are included - turnkey and ready for immediate takeover. Current business can be converted to any other retail store such as cafe, hair salon, lawyer, accounting, medical, dental clinic etc. Asking Price remains the same whether the business is included or not. Ideal for investors or entrepreneurs seeking a profitable, long-term investment in a prime location.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 262 Jane Street, Toronto W02, ON M6S 3Z2
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 $1,188,888 in Toronto, the legal minimum down payment is $237,778 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 $20,253 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,253 also applies, bringing the total estimated land transfer taxes to $40,506.
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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.
