612 Gerrard Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey store w apt/office located in the coveted neighborhood of North Riverdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,550 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft
- 0.0 total parking spaces available
- Notable attributes: Other
- equipped with wall unit(s) central cooling and highly efficient heat pump heating via electric
Description
Discover this newly renovated, charming 2 bedroom, 1 bathroom apartment situated above on the third floor of a bustling storefront on vibrant Gerrard Street East in Toronto's desirable North Riverdale neighborhood. Offering a convenient second floor layout with bright, functional living spaces, this unit provides an ideal home for young professionals, couples or small families seeking an energetic urban setting. Enjoy the lively streetscape right at your doorsteps, with easy access to an eclectic mix of local shops, restaurants, cafes, and cultural spots that define this multicultural community. Just steps from Withrow Park, the Danforth, and excellent TTC transit options, the location delivers quick connectivity to downtown Toronto. Tenant pays for hydro.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 612 Gerrard Street E 2, Toronto E01, ON M4M 1Y3
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 $2,550 in Toronto, the legal minimum down payment is $128 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 $13 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13 also applies, bringing the total estimated land transfer taxes to $26.
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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.
