82 Fifth Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,579,000 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.
- 6 Bedrooms and 5 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 30 x 123 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free, Floor Drain, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 82 Fifth Street - Welcome to Life By the Lake! Massive Triplex with Private Drive, Tons of Parking and Detached Garage on One of New Toronto's Most Coveted Streets, South of Lakeshore! Steps to Lake, Shopping, Restaurants, Schools, Parks and Transit. Easy Access to Highways, Downtown and Airport. Home Offers Possibilities Galore: 2900 Square Feet of Finished Living Space Currently Set Up As 3 Self-Contained Units. Live In One Unit and Have Your Tenants Pay the Mortgage; Use As Multi-Generational Home; Convert Upper Levels into a Family Home with In-Law Suite or Income Generating Suite in the Basement; or Use Existing L-A-R-G-E Footprint and Renovate Into a Huge Single Family Home on this Friendly Street! Unit 1 Boasts High Ceilings, An Inviting Living Room Complete with Fireplace, Large Kitchen Overlooking Formal Dining Room, 2 Bedrooms (One with a Walk-Out to Gorgeous Backyard and Deck), 2 Bathrooms and A Below Grade Rec Room/Office That Could Be Used as a 3rd Bedroom. Tons of Storage. Unit 2 Also Has 2 Bedrooms and 2 Bathrooms, A Large, Eat-In Kitchen (With Skylight!), a Formal Dining Room (Could Be Used as 3rd Bedroom) and a Dedicated Living Room. A 2 Bedroom/1 Bathroom Basement Apartment with Separate Entrance Located at Rear of the Home. This Home Has Been Lovingly Owned and Maintained by the Same Family for More Than 4 Decades - and Is Awaiting Your Updates to Be Enjoyed for the Next 40 years!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Island, Library, Marina, Park, Public Transit, School
Interior Features
Carpet Free, Floor Drain, In-Law Capability, Primary Bedroom - Main Floor
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 82 Fifth Street, Toronto W06, ON M8V 2Z3
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 $1,579,000 in Toronto, the legal minimum down payment is $315,800 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 $28,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,055 also applies, bringing the total estimated land transfer taxes to $56,110.
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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.
