31 John Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Weston. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $900,000 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.
- 5 Bedrooms and 1 Bathroom with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 57.63 x 131 ft lot
- Features a unfinished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 18.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Meter
- equipped with other central cooling and highly efficient forced air heating via gas
Description
Wow! Great opportunity to create passive income. Home was recently under renovation and not completed. Potential for 3 separate units with their own access door. Top floor could be a great 3 bedroom unit. Second floor another 3 bedroom unit with the lower level having a potential for a two bedroom unit with some above grade windows and separate entrance. A huge detached garage (31'x28') offers more potential and can easily hold 4 cars. Previously there were 2 garage doors now has one oversized garage door. Additional parking for 10 to 14 cars in the driveway. Potential Commercial Use opportunity. Literally Steps to the Weston GO Station. Development potential! Super Opportunity at Land Value Price!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 31 John Street, Toronto W04, ON M9N 1J4
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 $900,000 in Toronto, the legal minimum down payment is $65,000 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 $14,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,475 also applies, bringing the total estimated land transfer taxes to $28,950.
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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.