328 Passmore Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of Milliken. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $588,000 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 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient reserved/assignd garage included
- equipped with no central cooling and highly efficient gas forced air open heating
Description
Industrial condo with lots of parking near TTC service, close to Hwy401. Newly Painted, New Washroom, New Office & New AC. Move In Ready condition. office 10% & industrial area 90%.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 328 Passmore Avenue 42, Toronto E07, ON M1V 4B5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
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About Purchasing a Home in Toronto, ON
For a property listed at $588,000 in Toronto, the legal minimum down payment is $33,800 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 $8,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,235 also applies, bringing the total estimated land transfer taxes to $16,470.
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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.
