Welcome to this remarkable 2-Storey store w apt/office located in the coveted neighborhood of Alderwood. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $1,199,000 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.
Amazing opportunity to own a commercial/residential space, prime Alderwood area. Store front exposure on brown's line, lots of shared front parking, single built-in parking garage at the rear of the property for owner/tenant private parking. current owner has a well established business "JOSEPHINE SPA" and has been in operation since 2002. BUSINESS CAN BE SOLD SEPARATELY if buyer is interested? SPA use the Main floor and basement. separate entrance to the second floor apartment, open concept layout. TRAFFIC PATTERN - HEAVY Onsite Details: PREDOMINANT EXPOSURE - EAST, REAR ACCESS - DRIVEWAY, FREEON SITE, TRANSIT - BUS, OFFICIAL PLAN DESIGNATED - MIXED USE (INCLUDING RESIDENTIAL), MAJOR TRANSIT. Highly desirable area of south Etobicoke with easy access to 427/QEW/401. steps to go/streetcars. walk to all amenities and park area.
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Data-driven valuation for 280-282 Brown's Line, Toronto W06, ON M8W 3T5
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 $1,199,000 in Toronto, the legal minimum down payment is $239,800 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 $20,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,455 also applies, bringing the total estimated land transfer taxes to $40,910.
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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.