Welcome to this remarkable office located in the coveted neighborhood of Cabbagetown-South St. James Town. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $990,000 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.
Excellent investment a short distance to Downtown, highways, and walkable neighborhood. Beautiful historic Brick Cabbage town, Semi-detached; renovated and updated. Bright offices and apartments. Busy, thriving commercial neighbors. Well-maintained open-concept commercial space on the main floor. Two bedrooms+bathroom on top two floors. Car parking and rear lane access. *Vacant possession* Property (300 Gerrard Street East) designated under Part V of the Ontario Heritage Act as part of the Cabbage town South Heritage Conservation District. onsite details: PREDOMINANT EXPOSURE - SOUTH, REAR ACCESS - LANE, FREE ON STREET, TRANSIT - STREETCAR, OFFICIAL PLAN DESIGNATED - MIXED USE (INCLUDING RESIDENTIAL), ZONED FOR COMMERCIAL USE;layout plan attached as schedule: floor 1 (basement for 467 sq.ft. storage) Floor 2 (ground floor (468 sq.ft); Floor 3 (677 sq. ft.) Floor 4 (352 sq.ft.)
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 300 Gerrard Street E, Toronto, ON M5A 3A1
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 $990,000 in Toronto, the legal minimum down payment is $74,000 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 $16,275 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,275 also applies, bringing the total estimated land transfer taxes to $32,550.
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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.