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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,699,000 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.
Looking for your 'Home Sweet Home'? Looking for a turn-key investment property? Perhaps a multi-generational home to fit the whole family? Want to convert an existing building into sizable single-family home? Look no further, this stately building offers 3 sizable units, renovated from top to bottom! This delightful duplex is a blend of Old School Charm & Contemporary Sophistication! Spend your days sitting on the newly-constructed, front porch watching tennis at Mimico Tennis Club; enjoy baseball games across the street or laugh as the kids and dogs play in Mimico Memorial Park. Owner occupied main-floor: gorgeous 1-bedrm (originally 2 bedrm) with XL living room overlooking the park, reno'd bath & open-concept kitchen/dining rm with W/O to back garden. Professionally-remodeled kitchen built by KitchenCraft; custom cabinetry; panty; crown molding; granite counters & new hardwood floors. Upper-level unit enjoys original 2-bedroom layout with all the updates of modern day living! Big & bright east-facing living/dining room overlooking park/tennis courts; two sizable bedrooms; reno'd 4-piece bath w heated towel rack; updated kitchen with floor to ceiling pantry & cute coffee counter. Fully-finished lower level (w good ceiling-height!) can be used as 1 or 2-bedroom unit; reno'd 3-piece bath; trendy, eat-in kitchen; and large, sunny windows. Excellent mechanicals: new front porch; quality windows; exterior doors; re-shingled roof; updated wiring; ductless AC on all 3 levels; sump pump; backwater valve & 2 entrances to each unit. Lovingly-landscaped, long private drive, sunny west-facing backyard, potting shed with power and newly built double car garage! Located in the heart of the lakeside community of Olde Mimico on one of the best streets. Steps to Mimico GO, TTC, schools, library, eateries, coffee shops and bakeries. Walk to Lake, Waterfront Trail, parks, sailing & Humber College.
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Data-driven valuation for 38 George Street, Toronto W06, ON M8V 2S2
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 $1,699,000 in Toronto, the legal minimum down payment is $339,800 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 $30,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $30,455 also applies, bringing the total estimated land transfer taxes to $60,910.
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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.