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Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of The Beaches. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,299,900 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.
Owned by the same family for generations, this solid brick duplex puts you south of Queen St in the heart of The Beach. Offered vacant with no tenants, this is a rare opportunity for end users, multi-generational buyers, or investors. The property features two spacious two-bedroom units, each with generous living space and the opportunity to make them your own. The unfinished basement has impressive ceiling height, ideal for storage, a workshop or future development. Enjoy added convenience with parking at the rear of the property. Steps to the lake, The Boardwalk, Martin Goodman Trail, Kew Beach, The Balmy Beach Club and all Queen St has to offer, plant roots in one of Toronto's most beloved communities.
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Data-driven valuation for 58 Hammersmith Avenue, Toronto E02, ON M4E 2W4
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 $1,299,900 in Toronto, the legal minimum down payment is $259,980 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 $22,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,473 also applies, bringing the total estimated land transfer taxes to $44,946.
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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.