77 Florence Street, Toronto, ON
Property Highlights
Welcome to this remarkable office located in the coveted neighborhood of Little Portugal. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,400 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 160.62 x 156.6 ft lot size
- Convenient reserved/assignd garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Located in the heart of Toronto's vibrant Art & Design District, Suite 302 at 77 Florence Street offers a rare opportunity to work from one of the city's most inspiring creative office buildings. Located between West Queen West, Little Portugal and Parkdale, this character-rich loft is home to a thriving community of entrepreneurs, designers, artists, architects and creative professionals. Approximately 725 square feet, the space features expansive east-facing windows, two oversized skylights, exposed red brick walls, solid Douglas Fir beams and original hardwood floors that blend historic warehouse charm with modern functionality. Flooded with natural light throughout the day, the open-concept layout is ideal for creative studios, design firms, content agencies, photographers, architects, wellness professionals and boutique office users.Suite 302 includes a private washroom with shower and offers a bright, inspiring work environment just steps from Queen Street West's cafés, restaurants, galleries and transit connections. Rent is semi-gross with utilities at an additional $175 per month. Current sublease term ends June 30, 2027, with the head landlord open to negotiating a longer-term direct lease. Furniture is negotiable. A unique opportunity to establish your business in one of Toronto's most sought-after creative office communities.
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Pricing & Value Insights
Data-driven valuation for 77 Florence Street 302, Toronto C01, ON M6K 1P4
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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 $2,400 in Toronto, the legal minimum down payment is $120 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 $12 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12 also applies, bringing the total estimated land transfer taxes to $24.
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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.
