477 Oakwood Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey store w apt/office located in the coveted neighborhood of Oakwood Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $849,900 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.
- 3 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 20.35 x 100.58 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater
- Efficient forced air heating via gas
Description
Outstanding investment opportunity with exceptional income generating potential. Ideally positioned in the heart of Oakwood Village, this solid two storey brick mixed use property features a three bedroom residential apartment on the upper level and a restaurant space on the main floor. Enjoy convenient access to Eglinton West subway station with TTC service at your doorstep. Located in a rapidly evolving neighbourhood just minutes from downtown Toronto. The property also offers one on site parking space at the rear. Ideal for investors, developers, or owner operators looking to run their business while benefiting from additional rental income, 477 Oakwood Avenue presents compelling cash flow potential and significant long term appreciation in one of Toronto's emerging urban corridors.
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Pricing & Value Insights
Data-driven valuation for 477 Oakwood Avenue, Toronto C03, ON M6E 2W4
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 $849,900 in Toronto, the legal minimum down payment is $59,990 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 $13,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,473 also applies, bringing the total estimated land transfer taxes to $26,946.
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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.
