706 Pape Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Playter Estates-Danforth. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 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 1 Bathroom
- Premium 30 x 69.9 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Exceptional opportunity to acquire a high-end retail store in the heart of Greektown at Pape & Danforth. Ideal for retail or service-based uses. This fully renovated (approx 1,040 sq ft) , modern storefront is ideally located on a major TTC subway (Pape Station) and bus route, surrounded by schools, residential communities, and AAA tenants-ensuring strong foot traffic. Surrounded by established businesses, residential density and vibrant local communities. A fantastic opportunity to establish your business in one of Toronto's most sought-after commercial corridors. Water is shared. Hydro / Enbridge is separate.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 706 Pape Avenue, Toronto E03, ON M4K 3S7
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 in Toronto, the legal minimum down payment is $0 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 $0 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $0 also applies, bringing the total estimated land transfer taxes to $0.
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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.
