278 Clinton Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Palmerston-Little Italy. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,149,000 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 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 14.25 x 119.5 ft lot
- Features a separate entrance, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 278 Clinton Street, a semi-detached home legally registered as a duplex in one of Toronto's most sought-after neighbourhoods. A fantastic opportunity for contractors, investors, & end-user buyers looking to customize a property to their own style & needs. The main floor features a spacious & open concept living & dining room with soaring 9.5 ft ceilings & preserved original details including hardwood flooring, wood casing, oversized baseboards, & crown moulding. With 3 bedrooms & 2 full bathrooms, plus a basement with a separate entrance that has been underpinned to provide excellent ceiling height, the home offers a flexible layout with unlimited potential. Further, the attic holds the possibility of becoming an additional half storey or loft space (buyers to complete their own diligence). Updates include New Roof (2024), New Eaves & Downspouts (2024), New Hot Water Tank (2024), Newer Furnace (approx. 2015) and Newer Air Conditioning (approx. 2015). Situated steps to Bloor Street, Christie Pits Park, the TTC, Christie Subway Station, & with College Streets vibrant Little Italy, Koreatowns shops & restaurants, & the University of Toronto all nearby, the location is unbeatable. Rear parking (via laneway) for 1 car, though the owners have comfortably parked 2 cars for many years without issue. Blending family-friendly community living with the best of Toronto's urban lifestyle, this property offers a rare chance to transform a home in a prime downtown location.
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Pricing & Value Insights
Data-driven valuation for 278 Clinton Street, Toronto C01, ON M6G 2Y6
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 $1,149,000 in Toronto, the legal minimum down payment is $229,800 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 $19,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19,455 also applies, bringing the total estimated land transfer taxes to $38,910.
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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.
