71 Hamilton Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium brick and metal/steel siding construction, this residence presents an exceptional opportunity offered at $1,255,000 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.
- 4 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 16 x 80 ft lot
- Features a partially finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Sump Pump
- equipped with central air, wall unit(s) central cooling and highly efficient forced air heating via gas
Description
Fantastic opportunity to live and/or invest in one of Toronto's vibrant east end neighborhoods! Located on a desirable tree-lined street this versatile property is ideal for investors seeking income potential, or for end-users looking to live in one unit while enjoying rental income from the other. Perhaps explore the possibility of converting to a spacious single family. This two unit property provides comfortable living space with a partially finished basement. A bright and airy three bedroom (one bedroom is currently being used as an office) one bath plus two-piece powder room suite comprises the 2nd and 3rd floors. A charming one bedroom, one bath plus two-piece powder room and office comprises the main floor and partial lower level. Additional highlights include separate laundry, lane access parking, spacious private east facing deck on third floor, newer furnace and air conditioner (2024). Minutes from TTC, restaurants, shops, DVP access - an excellent location.
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Pricing & Value Insights
Data-driven valuation for 71 Hamilton Street, Toronto E01, ON M4M 2C7
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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 $1,255,000 in Toronto, the legal minimum down payment is $251,000 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 $21,575 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $21,575 also applies, bringing the total estimated land transfer taxes to $43,150.
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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.
