Welcome to this remarkable commercial retail located in the coveted neighborhood of Mount Pleasant East. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,499,000 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.
Vacant possession of entire building. Davisville Village prime location store located directly across from Davisville park and a short walk to Davisville subway station. Large display window facing West. Clear span main floor currently divided into three areas. Basement for storage. 2nd floor provides 1 or 2 BR character apartment with; hardwood floors, fireplace, walkout from kitchen to deck. Three car parking at rear off laneway. Property offers many options: income, user/income, true/legal live work, value add by adding 3rd floor. Property requires updating. Ready for a new vision.
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Public Transit, Recreation/Community Centre
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 521 Mount Pleasant Road, Toronto, ON M4S 2M4
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 $1,499,000 in Toronto, the legal minimum down payment is $299,800 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 $26,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,455 also applies, bringing the total estimated land transfer taxes to $52,910.
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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.