61 Talbot Road, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Newtonbrook West. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,368,000 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 5 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 76 x 81 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Attention Investors, Builders, and End Users! Rare income-generating opportunity in the highly sought-after Yonge/Finch area, featuring a versatile, self-contained layout with separate kitchens, laundries, and private access on every level, ideal for multi-family living or strong rental returns. The main floor offers a spacious living room, dining area with walkout to the backyard, an open-concept kitchen, and a bedroom with a full bath. The second floor includes a private entry from the front door, creating a 2-bedroom suite, or can connect to the main floor through the living room for a flexible 3-bedroom layout. The bright walk-up basement features three bedrooms, two full baths, and its own kitchen and laundry, perfect for rental income. Just a 10-minute walk to Finch Subway Station, this property combines a prime location with unmatched versatility, making it ideal for investors seeking cash flow, builders planning redevelopment, or end users looking for a home with income support. Endless possibilities await!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 61 Talbot Road, Toronto C07, ON M2M 1S1
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 $1,368,000 in Toronto, the legal minimum down payment is $273,600 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 $23,835 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $23,835 also applies, bringing the total estimated land transfer taxes to $47,670.
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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.
