Welcome to this remarkable investment located in the coveted neighborhood of East End-Danforth. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 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.
Lennard Commercial Realty is pleased to present 2777 Danforth Avenue & 31 Dawes Rd (the "Property"), both lots to be sold together. An exceptional opportunity to acquire a freehold two-storey corner mixed-use building. Commercial On The Main Floor & 5 Individual Rental Units On 2nd Floor. Large Private Parking. Offering 7,451 SF of combined two freestanding gross above-grade building area on a 9,785 SF lot with frontage of 67 to 109 feet, the Property represents one of the largest and prominently positioned freehold available along the Danforth corridor. Ideal opportunity for builders, investors, or end-users. The properties are well-suited for a missing middle, laneway, or high-rise development opportunities within MTSA zoning. The building is providing broad flexibility for continued retail investment, owner-occupy, or long-term redevelopment hold. The close surroundings concurrently advancing with over 1,200 new residential units in active development. Large private parking.Legal Description for 31 Dawes Road: PT LT 22 PL 748 TORONTO (EAST TORONTO); PT LT 23 PL 748 TORONTO (EAST TORONTO); PT LT 24 PL 748 TORONTO (EAST TORONTO); PT LT 25 PL 748 TORONTO (EAST TORONTO); PT LT 26 PL 748 TORONTO (EAST TORONTO) AS IN CT200654; TORONTO , CITY OF TORONTO
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Data-driven valuation for 2777 Danforth Avenue, Toronto E02, ON M4C 1M1
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 $1 in Toronto, the legal minimum down payment is $0 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 $0 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $0 also applies, bringing the total estimated land transfer taxes to $0.
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