Welcome to this remarkable commercial retail located in the coveted neighborhood of Danforth Village-East York. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,195,000 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.
Situated in prime Pape Village, this mixed-use property offers exceptional visibility, steady foot traffic, and TTC service right at the doorstep, making it a high-demand location for any business or tenant. The 1,000 sq ft open-concept main floor is perfectly suited for professional offices or a wide range of service-based businesses-ideal for attracting strong commercial tenants or for end-users looking to operate in a premium corridor. The renovated 3-bedroom apartment on the second floor, featuring a private entrance, provides immediate rental income potential or a convenient live-work setup for owner-occupiers. With multiple spaces offering strategic future income opportunities, this property appeals to investors seeking long-term upside as well as end-users wanting stability, visibility, and the flexibility to grow. A rare chance to secure a versatile, value-rich asset in a rapidly evolving neighbourhood.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 819 Pape Avenue, Toronto E03, ON M4K 3V1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,195,000 in Toronto, the legal minimum down payment is $239,000 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 $20,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,375 also applies, bringing the total estimated land transfer taxes to $40,750.
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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.