47 Ranleigh Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable Other duplex located in the coveted neighborhood of Lawrence Park North. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,990,000 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.
- 12 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 34 x 191 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with other central cooling and highly efficient water heating via gas
Description
47 Ranleigh Ave, a 34' x 191' development site located steps from Yonge & Lawrence. The property carries an approved Official Plan Amendment and Zoning By-law Amendment (April 2024) permitting a 4-storey, 16-unit mid-rise. This site offers meaningful upside for a development team pursuing either a build-and-hold or a build-and-selling strategy. With planning approvals already in place, value can be further unlocked through Site Plan Approval and Building Permit execution. We look forward to collaborating with an ownership group aligned with this vision.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 47 Ranleigh Avenue, Toronto C04, ON M4N 1X2
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About Purchasing a Home in Toronto, ON
For a property listed at $2,990,000 in Toronto, the legal minimum down payment is $598,000 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 $61,225 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $61,225 also applies, bringing the total estimated land transfer taxes to $122,450.
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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.