Welcome to this remarkable store w apt/office located in the coveted neighborhood of South Parkdale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,600,000 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.
An exceptional opportunity to own a prime mixed use commercial residential property in the heart of Queen West ideal for investors or end users seeking a superb location with strong long term value and income potential this well maintained property features a highly successful convenience store on the ground floor that has been operating profitably at this location for over 15 years benefiting from constant foot traffic and excellent street exposure the upper levels offer a spacious four bedroom two and a half bathroom residential unit spread across the second and third floors with generous room sizes a functional layout and excellent live work or rental flexibility a large private rooftop provides rare outdoor space with outstanding potential for entertaining relaxation or future value enhancement surrounded by transit established businesses and a vibrant community this property offers stability versatility and long term appreciation in one of Torontos most desirable corridors
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Data-driven valuation for 1281 QUEEN Street W, Toronto W01, ON M6K 1L6
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 $1,600,000 in Toronto, the legal minimum down payment is $320,000 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 $28,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,475 also applies, bringing the total estimated land transfer taxes to $56,950.
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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.