67 Albany Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2 1/2 Storey semi-detached located in the coveted neighborhood of Annex. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,799,000 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 25 x 150 ft lot
- Features a partially finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Floor Drain, In-Law Capability, Water Heater
- Efficient baseboard heating via gas
Description
Charming 5-Bedroom Home With Development Potential In The Annex. Located In The Heart Of Toronto's Sought-After Annex Neighbourhood, This Rare 25 x150 Lot Offers An Incredible Opportunity For Renovation Or Expansion. The Same Owner Has Resided In The Home For Over 50 Years, Preserving Many Original Features While Leaving Ample Room For You To Transform It Into Your Dream Home. With 5 Bedrooms, 3 Bathrooms, And Endless Possibilities, This Property Provides The Perfect Canvas For Your Vision. Currently Set Up As A Family Home With A 1-Bedroom Unit On The Third Floor, This Home Can Easily Be Converted Back Into A Spacious 5-Bedroom Layout. The Basement Is Partially Finished With A Laundry Room, A 3-Piece Bathroom, And A Separate Entrance From The Backyard, Adding Extra Living Space Or Rental Options. A Rare Advantage Is The Opportunity To Build An Additional Dwelling Unit Of Up To 1,291 Square Feet On The Property, In Line With Toronto's Current Zoning Regulations. This Makes It An Ideal Location For Anyone Looking To Expand Or Create A Secondary Rental Unit Or Guest Space. Full Report Available Upon Request. While There Is No Dedicated Parking At The Moment, The Wide Mutual Drive Provides Easy Access To The Extra-Deep Lot, Allowing For Future Parking Development. Perfectly Situated Just Steps From Transit, Restaurants, Cafes, And Shops, This Property Offers A Peaceful Retreat Just Moments From The Bustling Vibrancy Of Bloor Street. It's Also Within Easy Walking Distance Of Chinatown, Koreatown, Little Italy, And The Yonge & Bloor Hub. For University Of Toronto Professors Or Medical Professionals Working At The Hospitals On University Avenue, This Location Could Not Be More Ideal. Enjoy The Convenience Of A Short Commute To The City's Top Institutions While Living In One Of Toronto's Most Desirable Neighbourhoods. Development Potential Galore And A Prime Location! PS. Jane Jacobs Was Once The Neighbour. IYKYK
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Hospital, Library, Park, Place Of Worship, Public Transit
Interior Features
Floor Drain, In-Law Capability, Water Heater
Security Features
Smoke Detector
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 67 Albany Avenue, Toronto C02, ON M5R 3C2
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 $1,799,000 in Toronto, the legal minimum down payment is $359,800 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 $32,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $32,455 also applies, bringing the total estimated land transfer taxes to $64,910.
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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.
