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Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Trinity-Bellwoods. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,987,000 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.
Welcome to the Victorian Grande Dame on coveted Shannon street. Detached, 2.5 storey Victorian, this home offers exceptional presence, scale, and versatility in one of Toronto's most vibrant neighbourhoods at College and Ossington. This distinguished detached residence blends timeless 19th-century craftsmanship with an outstanding modern-day opportunity for buyers seeking a forever home with significant income or personal expansion potential. The main house showcases soaring ceilings, original stained glass, elegant built-in cabinetry, hardwood floors, and a wood-burning fireplace. Grand Victorian principal rooms include a spacious living room and formal dining area flowing into a spacious kitchen, complemented by a convenient side entrance. This leads to a private backyard retreat with access to the massive 3 car garage with laneway access, that qualifies for a laneway suite (Report attached) The second floor offers two generous bedrooms and a beautifully appointed 3-piece bathroom. The third floor is dedicated to a private primary suite, complete with a spa-inspired 4-piece ensuite and an expansive private rooftop deck-an elevated urban sanctuary. Adding to the home's income or expansion appeal are four self-contained, one-bedroom apartment suites, three separately metered and all with private exterior entrances. Two basement units are currently tenanted month-to-month, while the main and second floor suites are vacant-offering remarkable flexibility to integrate them into the main residence for your personal use or leverage them for strong rental or short-term income, perfectly timed with Toronto's upcoming World Cup and robust tourism demand. Steps to transit, parks, renowned schools, boutiques, cafés, and restaurants of College and Ossington, this is a rare opportunity to own a landmark Victorian with scale, parking, and income potential rarely found in Toronto's downtown. See attached details and floor plans for each of the 4 apartments.
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Public Transit, Park, School
Auto Garage Door Remote, Sump Pump, Water Heater Owned, Separate Hydro Meter
Alarm System
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This could be the first listing for this address.
Data-driven valuation for 28 Shannon Street, Toronto C01, ON M6J 2E7
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 $1,987,000 in Toronto, the legal minimum down payment is $397,400 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 $36,215 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $36,215 also applies, bringing the total estimated land transfer taxes to $72,430.
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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.