370 Jones Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2 1/2 Storey duplex located in the coveted neighborhood of Blake-Jones. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,299,999 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.
- 6 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 28.79 x 120.5 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to your new investment opportunity! Stunning Detached Multiplex with 4 Self-Contained Units. Previously approved by city to sever into 2 lots. This spacious and versatile detached house offers four units, each with unique features and charm. Live in one and collect rent on the other three or convert back to single family home. Unit 1 & Unit 2: These units on the main floor boast well-lit living spaces, comfortable bedrooms, and fully-equipped kitchens. They offer a cozy yet functional living environment. Unit 3: Spanning the second and third floors, this unit is a standout feature of the property. It includes multiple bedrooms, a spacious living area, and a full kitchen, and a walkout to a patio. Unit 4: The basement unit provides ample space, light and privacy. With its own entrance, a roomy living area, and a kitchen, its perfect for tenants seeking a quiet retreat. The property boasts a huge backyard, perfect for outdoor activities, gardening, or simply relaxing. Additionally, there is a convenient carport parking space for one vehicle. Located in a friendly neighbourhood with easy access to schools, shops, and public transportation, this property is not only a great investment but also a wonderful place to call home. Don't miss out on this fantastic opportunity to own a versatile and profitable property!
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 370 Jones Avenue, Toronto E01, ON M4J 3G3
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 $1,299,999 in Toronto, the legal minimum down payment is $260,000 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 $22,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,475 also applies, bringing the total estimated land transfer taxes to $44,950.
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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.
