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Welcome to this remarkable 3-Storey fourplex located in the coveted neighborhood of Palmerston-Little Italy. Expertly crafted featuring premium stucco (plaster) and brick construction, this residence presents an exceptional opportunity offered at $1,399,900 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.
Great Opportunity To Own This 2 Storey Legal Triplex With 4th Units In Sought-After Palmerston-Little Italy Location. Features And Upgrades Include: New Stucco Exterior With Added Extra-Thick Styrofoam Insulation And Painted Exterior Walls (2024), 4 Kitchens And 4 Washrooms; New Furnace (2015) With New Motor (Fully Overhauled In 2019); New Roof (2024); New Vinyl Windows (2018); Main Sewer Pipe Replaced (From Ceramic To Vinyl Along The Entire Length Of The House And 2 Cleanouts Added (2018); 200 Amp Electrical Panel (2000); Common Laundry On Premises With Coin Operated Industrial-Size Washer And Dryer @ $1.50 Per Load Each; Metal Up-To-Code Fire Escape To All Units Including An Each Unit Has A Main Entrance And 2nd Exit; 90-Minute Fire-Rated Entrance Door With Hydraulic Spring (Up To Fire-Code) In All Units; Interconnected Fire-Alarm And Co2 Detector System Operating On Ac And Dc Power; Large Bicycle Shed At The Back With Extra Storage For Bikes And Bulky Personal Belongings.
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Data-driven valuation for 471 Shaw Street, Toronto C01, ON M6G 3L4
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 $1,399,900 in Toronto, the legal minimum down payment is $279,980 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 $24,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,473 also applies, bringing the total estimated land transfer taxes to $48,946.
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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.