299 Quebec Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Junction Area. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,599,000 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.
- 8 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 24.41 x 133 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient other configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient water heating via gas
Description
Investor's Dream! Rare Opportunity To Own A Legal Triplex In The Heart Of The Junction. This Semi-Detached Income Property Offers Approx. 2,744 Sq.Ft. above grade, Creating Exceptional Cash Flow And House-Hacking Potential. Live In One Unit While The Other Suites Help Pay Your Mortgage, Or Maximize Income By Renting All 3 Levels. The 2nd Floor Unit Is Currently Tenanted, Providing Immediate Rental Revenue. Two Of The Three Units Have Been Recently Renovated, Including The Addition Of New A/C Units On Each Floor For Enhanced Comfort And Efficiency. Rare 2-Car Garage Plus Ample Street Parking. Unbeatable Location Directly Across From Humberside Collegiate Institute, One Of Toronto's Top-Ranked High Schools. Steps To High Park, High Park Subway Station, Bloor West Village, The Junction, Trendy Restaurants, Cafes, Shops, Grocery Stores, And All Major Amenities. Quick Access To Downtown Toronto. A Turnkey, Income-Generating Property In One Of Toronto's Most Desirable And High-Demand Rental Neighbourhoods.
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Pricing & Value Insights
Data-driven valuation for 299 Quebec Avenue, Toronto W02, ON M6P 2V2
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 $1,599,000 in Toronto, the legal minimum down payment is $319,800 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 $28,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,455 also applies, bringing the total estimated land transfer taxes to $56,910.
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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.
