530 Bathurst Street, Toronto, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Palmerston-Little Italy. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,495,000 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.
- 0 Bedrooms and 5 Bathrooms
- Premium 46.17 x 129 ft lot size
- equipped with no central cooling
Description
Attention end users, investors and builders-don't miss this exceptional opportunity in the heart of Toronto. This 3 storey building situated on a 5,866 sq. ft. lot (46.17x 129) offers exceptional potential for a variety of options, including purpose-built multi-residential, owner occupied use, or retain as an investment in it's current form which includes a two unit home, potential for lower level income unit and a 2 unit coach house. Located along the transit corridor of Bathurst Street and within the Toronto Major Streets Initiative, the City of Toronto identifies this area as having the potential for as-of-right development for apartment buildings up to 6-storeys. Currently, it holds a fully tenanted two-storey building with two units, along with a separate vacant carriage house containing two additional apartment units. The property also offers ample on-site parking with 11 spaces. An exceptional opportunity to invest in a highly sought-after, centrally located neighbourhood close to transit, amenities, and the core of downtown Toronto.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 530 Bathurst Street, Toronto C01, ON M5S 2P9
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 $3,495,000 in Toronto, the legal minimum down payment is $699,000 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 $73,850 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $73,850 also applies, bringing the total estimated land transfer taxes to $147,700.
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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.
