Welcome to this remarkable commercial retail located in the coveted neighborhood of Annex. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $19,999,999 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.
Colliers is pleased to present the opportunity to acquire a four-storey mixed-use asset featuring premier boutique retail and office space located at 33 Hazelton Avenue. An irreplaceable corner asset, the Property is positioned where Yorkville Avenue's vibrant retail spine meets the quiet, tree-lined charm of Hazelton Avenue, offering the perfect balance of energy and exclusivity. Comprising of four floors, the building's exterior features red brick masonry complemented by decorative stone detailing along the south and west facades with stained glass elements accenting select windows. The building's interior is configured with three self-contained lower-level units, and four distinct suites on the upper floors, serviced by an elevator. Boasting 22,060 square feet (SF), of which 21,609 sq ft is net rentable area (NRA), the property is leased to six high-quality tenants. Over the past four years, the property has undergone over $800,000 in capital improvements, featuring full interior modernization and significant upgrades to its core mechanical systems. A true generational asset, 33 Hazelton Avenue presents a once-in-a-lifetime opportunity for an investor or end user to acquire a mixed-use building at one of the most prestigious addresses in Canada.
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Data-driven valuation for 33 Hazelton Avenue, Toronto C02, ON M5R 2E3
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 $19,999,999 in Toronto, the legal minimum down payment is $4,000,000 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 $486,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $486,475 also applies, bringing the total estimated land transfer taxes to $972,950.
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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.