5197 Yonge Street, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Willowdale East. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $18,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 27.83 x 120 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Prime leasing opportunity on vibrant Yonge Street, ideally located just north of North York Centre. This standout, single-tenant commercial building offers exceptional exposure in one of Toronto's busiest corridors, benefiting from outstanding pedestrian and vehicular traffic. Steps to North York Centre subway station, Mel Lastman Square, and Empress Walk, and surrounded by major retailers, restaurants, offices, and high-density residential towers. Excellent visibility and accessibility in the heart of North York. Net Rent: $18,000.00/month + $5,500.00/month TMI + HST and utilities.
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Pricing & Value Insights
Data-driven valuation for 5197 Yonge Street, Toronto C14, ON M2N 5P7
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 $18,000 in Toronto, the legal minimum down payment is $900 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 $90 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $90 also applies, bringing the total estimated land transfer taxes to $180.
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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.
