Welcome to this remarkable store w apt/office located in the coveted neighborhood of Highland Creek. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,799,000 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.
Location, Location! Immaculate Freestanding Multiplex Building In Village Of Highland Creek! Plenty Of Parking To Service The Many Uses Of This Stunning Landmark! Main Floor Retail Can Easily Be Converted Back To 3 Separate Store Fronts!! 2 Upper Apartments Can Also Be Converted To Office Space! All Units Are Separately Metered With 5 Hydro Meters And 3 Gas Meters! Building Has 3 Kitchens, 4 Washrooms, And Parking For 18 Vehicles! Basement Offers 2 Separate Storage Or Workshop Units! Highway Zoning Allows For Many Uses! Close To University Of Toronto, Hospital, TTC/401, Shopping, Parks, And New Multi-Level Residential Condos! This Prime Parcel Of Land Also Offers Great Re-Development Opportunity!
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No
Major Highway, Public Transit
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 275-279 Old Kingston Road, Toronto E10, ON M1C 1B4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $2,799,000 in Toronto, the legal minimum down payment is $559,800 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 $56,450 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $56,450 also applies, bringing the total estimated land transfer taxes to $112,900.
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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.