414 Dundas Street, Toronto, ON
Property Highlights
Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,225,000 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.
- 8 Bedrooms and 6 Bathrooms with 6 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 21.5 x 132 ft lot
- Features a walk-out, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience a distinctive piece of Toronto's architectural history. This Victorian three-story property is located in the sought-after Cabbagetown neighbourhood and offers excellent investment appeal. The building features six fully renovated, self-contained units, all currently operational and income producing. Two rear-laneway parking spaces-with the potential to be converted into four tandem spaces-provide added convenience and future upside, including the opportunity to develop a laneway suite (see attachment). All mechanical systems, electrical, and plumbing have been upgraded for efficient, dependable performance. Showcasing classic Victorian character alongside thoughtful modern enhancements, this property stands out as a compelling income-generating asset.
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Pricing & Value Insights
Data-driven valuation for 414 Dundas Street E, Toronto C08, ON M5A 2A8
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 $2,225,000 in Toronto, the legal minimum down payment is $445,000 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 $42,100 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $42,100 also applies, bringing the total estimated land transfer taxes to $84,200.
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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.
