960 St.Clair Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable store w apt/office located in the coveted neighborhood of Oakwood Village. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,990,000 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
- Premium 37.54 x 110.29 ft lot size
- equipped with yes central cooling and highly efficient gas hot water heating
Description
Prime mixed-use investment opportunity offered at 5% return on investment. VTB available. High-demand commercial retail strip, surrounded by condominium residences, commercial retail boutiques, restaurants, cafes, bakeries, professional services, galleries, schools, convenient TTC with connectivity to subways.This renovated, air conditioned and well-maintained DOUBLE BUILDING featuring 2 commercial retail stores benefiting from St. Clair's foot traffic, PLUS 4 spacious residential apartments, 2 - 2 bedrooms and 2 - 3 bedroom. Property address is 960 & 962 St. Clair Ave. W. Potential to develop and create an additional 6 residential units.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 960 St.Clair Avenue W, Toronto C03, ON M6E 1A1
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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 $2,990,000 in Toronto, the legal minimum down payment is $598,000 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 $61,225 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $61,225 also applies, bringing the total estimated land transfer taxes to $122,450.
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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.
