454 Donlands Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of East York. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,289,000 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.
- 3 Bedrooms and 8 Bathrooms with 4 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 39.5 x 106.5 ft lot
- Features a separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.5 total parking spaces available with a convenient detached configuration
- Notable attributes: Other, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Exceptional Multiplex, meticulously well maintained, this rare multi-use property presents a unique opportunity for investors or end-users. The property offers a projected gross income of over $125,000 annually, with low operating expenses. Ideal for a variety of buyers: use the spacious top-floor as an generous sized owners suite while generating strong rental income, or purchase as a long-term investment. Its also a smart option for families looking to secure a first home for their children, with rental income to offset costs. Ideal intergenerational living and still have units to rent out. Multiple Options! Large 1.5 car garage for additional rental or potential future laneway suite access for extra income. A few short bus stops to Donlands Subway, nearby upcoming Ontario Line. Walk to quaint shops nearby. Easy access to DVP and a few short minutes to Yonge & Bloor by subway or car. Available For Financing. Rare offering!
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Other, Water Heater Owned
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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 454 Donlands Avenue, Toronto E03, ON M4J 3S5
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 $1,289,000 in Toronto, the legal minimum down payment is $257,800 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 $22,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,255 also applies, bringing the total estimated land transfer taxes to $44,510.
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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.
