62 Marion Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2 1/2 Storey semi-detached located in the coveted neighborhood of Roncesvalles. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,595,000 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 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 23.65 x 117.17 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- Efficient water heating via gas
Description
Welcome to 62 Marion St. This charming oversized semi sitting on an expansive south facing 23+ foot wide lot is nicely set back from the street for a great sense of privacy and natural light. Home has been a wonderful co-ownership experience for the present owners who have enjoyed the property for decades. Currently configured as 3 units the home could easily be converted back to single family or keep as a rental property either for investment or to live in and collect some rent to offset the bills. 2nd 3rd floor space which is currently registered and used as an in demand Air B & B location is a superb upper unit with open concept living/dining rooms and kitchen allowing for a most pleasant living space with loads of light and can either work as a four bedroom unit or a three bedroom unit with den/office directly beside the kitchen plus a third floor roof deck. The house has been rewired from top to bottom with a 200 am service - ideal if an electric car needs charging, as well has Cat-5 hardwired internet for those needing the security of such a system. Main roof newly reshingled in the spring of 2025. The oversized garage is an easy two car parking space with rooms for bikes, garden equipment plus laneway house potential (see attached report) Steps to the heart of Roncesvalles: shops; restaurants; amenities; transit and public library, Lake Ontario, the Martin Goodman Trail and High Park. Public Open Houses April 25.26 2-4 both days.
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Pricing & Value Insights
Data-driven valuation for 62 Marion Street, Toronto W01, ON M6R 1E7
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 $1,595,000 in Toronto, the legal minimum down payment is $319,000 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 $28,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,375 also applies, bringing the total estimated land transfer taxes to $56,750.
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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.
