264B BETA Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Alderwood. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,495,000 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.
- 3 Bedrooms and 5 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 24.98 x 113.16 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Sewage Pump, Storage
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Turnkey Furnished Investment | Approved Duplex Conversion | Strong Income Potential.An exceptional opportunity for investors seeking a high-performing residential asset with multipleincome strategies. This fully furnished property is positioned for immediate usability and has alreadyreceived approval from the City of Toronto for conversion into a legal duplex-significantly reducingregulatory risk and timelines.Minor completion items remain, and the seller is willing to finalize these upon request, offering a nearturn-key pathway to a compliant multi-unit configuration.The property is strategically designed to support flexible income models, including short-term rental(subject to municipal regulations), long-term tenancy, or a hybrid approach.Projected income potential-based on comparable market performance and configuration mayexceed $100,000 annually, depending on rental strategy, occupancy, and management.Layout Optimized for Income: Second Floor:Three private bedroom suites, each with its own full washroom and second floor laundry, idealfor maximizing rental segmentation and privacy. Main Floor:Expansive open-concept living, dining, and modern kitchen, designed for shared occupancy orpremium rental positioning. Walk-Out Basement:Fully self-contained with separate entrance, second kitchen, full washroom, laundry, and directoutdoor access, well-suited for independent tenancy or extended-stay rental use.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 264B BETA Street, Toronto W06, ON M8W 4J1
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 $2,495,000 in Toronto, the legal minimum down payment is $499,000 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 $48,850 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $48,850 also applies, bringing the total estimated land transfer taxes to $97,700.
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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.
