720 Spadina Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of University. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $40 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 197 x 190 ft lot size
- Convenient in/out garage included
- equipped with yes central cooling and highly efficient baseboard heating
Description
Prime retail space at the base of a 17-storey commercial/residential tower in the vibrant Bloor/Annex neighbourhood, with prominent exposure onto Spadina Avenue, steps from Bloor Street W. Ideal for a wide range of retail/service-oriented uses. Great access to the downtown campus of U of T, conveniently located close to neighbouring high rise residential. Seamless TTC access includes access 3 min walk to the Spadina subway station, 5 min to St George station, and steps to the Spadina LRT that connects from the subway to Spadina Ave, Harbourfront and Union Station. Suitable for a wide range of uses. Street front parking and on site visitor surface parking and underground parking at $125/stall/month.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 720 Spadina Avenue, Toronto C01, ON M5S 2T9
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 $40 in Toronto, the legal minimum down payment is $2 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.
