51 Major Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of University. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,495,000 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.
- 6 Bedrooms and 4 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 15.39 x 90.15 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 51 Major St. Professionally renovated in 2010 by the Architect/Owner and converted into 3 separate units. Can be used as a single family house, with a basement apartment. Over 3,000 sq ft on 4 levels, featuring high ceilings, bay windows, 3 bright & spacious modern kitchens. 3 sets of washers & dryers. Completely separate basement apartment with front and rear entrances. Walkout from the ground floor to a private backyard, good for parking, sports or gardening. Accessed from the back lane. Presently vacant.
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Pricing & Value Insights
Data-driven valuation for 51 Major Street, Toronto C01, ON M5S 2K9
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 $1,495,000 in Toronto, the legal minimum down payment is $299,000 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 $26,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,375 also applies, bringing the total estimated land transfer taxes to $52,750.
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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.
