777 Danforth Road, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Kennedy Park. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,399,000 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.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Prime opportunity to acquire a mixed-use property in a high-visibility stretch along Danforth Road. This area continues to benefit from steady activity, strong pedestrian traffic, and ongoing development, making it attractive for both investors and end users. The main floor is set up as a restaurant space with a commercial-style kitchen and is currently operating as takeout, offering flexibility for various food-related uses. A full basement provides additional storage and utility space. The second floor features a residential unit with a separate entrance, offering potential for rental income or owner occupancy. Ample onsite parking available.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 777 Danforth Road, Toronto E04, ON M1K 1G9
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 $1,399,000 in Toronto, the legal minimum down payment is $279,800 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 $24,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,455 also applies, bringing the total estimated land transfer taxes to $48,910.
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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.