271 Perth Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $999,000 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 18.42 x 125 ft lot
- Features a finished with walk-out, separate entrance 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: Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A Home That Pays You Back & Sets You Up for Whatever's Next! This spacious 1400 sqft + basement income-generating semi-detached home, located in vibrant Wallace-Emerson, steps away from Bloor Go & Up Express! An ideal fit for multi-generational living, sharp buyers looking to offset their mortgage while staying close to all the action or investors looking for a turn-key income property. Move-in ready & charming, currently offering 2 self-contained units, that can be easily converted back to a single family home, a generous lot w/a rare double garage & large laneway house potential. This home is all about options & every one of them is a win! Divided into 2 lovely units - First up: Main Floor + Basement is warm & inviting, featuring 3 bedroom options w/ a modern kitchen, fireplace, hardwood floors & backyard/ garage access. Upstairs: Second Floor Suite is bright, airy & income generating w/ 2 bedrooms bright kitchen, newly updated bathroom & large living room w/ a bay window. The best part? This home offers an easy single-family conversion when your life grows. The current layout has been thoughtfully divided to make converting back into a full-scale single-family home remarkably simple when your lifestyle calls for it. Cherry on top? Newly landscaped backyard, thoughtfully designed with sleek interlocking pavers & a modern double-car garage, providing the ultimate Toronto convenience & no more circling the block in search of a parking spot! Separate laundry for each apartment. Don't forget to check out the Laneway House Report.
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Pricing & Value Insights
Data-driven valuation for 271 Perth Avenue, Toronto W02, ON M6P 3X9
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 $999,000 in Toronto, the legal minimum down payment is $74,900 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 $16,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,455 also applies, bringing the total estimated land transfer taxes to $32,910.
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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.
