617 Queen Street, Toronto, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Waterfront Communities C1. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,700,000 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 0 Bathrooms
- Premium 16.5 x 98 ft lot size
- equipped with no central cooling and highly efficient none heating
Description
CBRE Limited is pleased to offer for sale 617 Queen Street West, a 1,616 sq. ft. vacant lot located at Queen Street West & Bathurst Street. The opportunity allows potential investors to lock in a long-term land sale and to generate income on their own building.617 Queen Street West is in the heart of one of Canada's most prominent retail hubs. Queen West is known for it's mix of trendy fashion boutiques and premium international brands including Loblaws, Joe Fresh, Winners, Aritzia, Kit and Ace and CB2. Queen West's central location in Downtown Toronto, along with the significant residential/employment growth in the immediate area, allows the node to continue it's ability to attract premium retail brands, restaurants and bars creating significant pedestrian traffic seven days week.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 617 Queen Street W, Toronto C01, ON M5V 2B7
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 $1,700,000 in Toronto, the legal minimum down payment is $340,000 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 $30,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $30,475 also applies, bringing the total estimated land transfer taxes to $60,950.
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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.
