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 $1,095,000 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 the heart of Pape Village, this exceptional mixed-use investment offers outstanding visibility, consistent pedestrian traffic, and TTC service at the doorstep. The approximately 1,000 sq. ft. main floor is currently owner-occupied by a long-established professional accounting practice, providing confidence in the property's established commercial use. The fully renovated second floor features a bright 3-bedroom suite with a separate entrance and is currently vacant, offering immediate opportunities for an owner-user, professional office, or market-rate tenant, subject to buyer due diligence. Professional office use has operated continuously at the property since the 1970s. Whether you're an investor seeking stable income with upside or an end-user looking to occupy part of the building while generating rental revenue, this property offers exceptional flexibility in one of Toronto's most desirable and evolving neighbourhoods. A rare opportunity to acquire a versatile, income-producing asset with immediate occupancy potential and long-term value.
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This could be the first listing for this address.
Data-driven valuation for 819 Pape Avenue, Toronto, 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 $1,095,000 in Toronto, the legal minimum down payment is $219,000 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 $18,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,375 also applies, bringing the total estimated land transfer taxes to $36,750.
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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.