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Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Rexdale-Kipling. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,389,000 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.
Rarely Offered Prime opportunity for investors and renovators. With its well-thought-out layout and potential for multiple income streams, its an ideal opportunity to enhance any real estate portfolio. The property features vacant units that are ready for immediate rental or renovation, including a three-bedroom unit, a two-bedroom unit, and two bachelor units, each with its own kitchen and bathroom. The property features a detached two-car garage and a backyard, situated on a tranquil street with convenient access to Islington Avenue and Highway 401 and 409. Whether you're looking to live in one unit and lease the others or fully lease the entire property. Located near popular shopping destinations like Costco and SmartCentres, this property has rental income potential and is a fantastic addition to any real estate portfolio.
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Carpet Free, Separate Hydro Meter, Separate Heating Controls
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 28 Leduc Drive, Toronto W10, ON M9W 2A7
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 $1,389,000 in Toronto, the legal minimum down payment is $277,800 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 $24,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,255 also applies, bringing the total estimated land transfer taxes to $48,510.
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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.