Welcome to this remarkable store w apt/office located in the coveted neighborhood of Humberlea-Pelmo Park W5. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,200,000 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.
2825-2827 Weston Road represents a rare opportunity to acquire a well-located value-add, mixed-use property located in Toronto just north of Highway 401 at the busy intersection of Weston Road and Gaydon Avenue. The property is attached on the north side to a similar larger 3-storey building. The site is approximately 6,970 sq ft and the total building area is approximately 5,505 sq ft with one retail unit on the ground floor and a total of 4 residential units on the 2nd and 3rd floors. Complementary retailers occupy the ground floor of the adjacent buildings which drives further activity to the property. The apartment units at this property and the adjacent properties are unique to this area and in high demand. The property is surrounded by an established single-family neighbourhood and offers an investor stable income with great growth potential as current rents are below market.
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Data-driven valuation for 2825-2827 Weston Road, Toronto W05, ON M9M 2S1
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 $2,200,000 in Toronto, the legal minimum down payment is $440,000 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 $41,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $41,475 also applies, bringing the total estimated land transfer taxes to $82,950.
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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.