2900 Yonge Street, Toronto, ON
Property Highlights
Welcome to this remarkable office located in the coveted neighborhood of Lawrence Park South. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,175,000 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.
- 0 Bedrooms and 3 Bathrooms
- Spacious lot size measured in Feet
- Convenient underground garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Professional commercial suite available at 2900 Yonge St, offering a functional and efficiently designed space in a prime Midtown Toronto location. Fully renovated throughout, the unit features ceiling heights ranging from approximately 9 to 14 feet, modern lighting, and a layout well-suited for a variety of professional and service-based uses. The space includes water rough-ins for potential medical or dental applications, and is also ideal for legal, accounting, real estate, consulting, or wellness practices. Direct access from Yonge Street provides strong visibility and convenient client entry. Additional features include 2+1 parking spaces, in-suite laundry, and a 3-piece bathroom, supporting day-to-day operational needs for both staff and clients. Located within a mixed-use building with 72 residential units above, the property benefits from consistent on-site and area traffic, as well as immediate access to transit and surrounding amenities. Zoned CR3 with site-specific provisions (buyer to verify permitted uses). Suitable for end-users or investors seeking a well-located, move-in ready commercial unit with flexible use potential.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2900 Yonge Street 101, Toronto C04, ON M4N 3N8
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 $1,175,000 in Toronto, the legal minimum down payment is $235,000 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 $19,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19,975 also applies, bringing the total estimated land transfer taxes to $39,950.
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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.
