Welcome to this remarkable 2 1/2 Storey fourplex located in the coveted neighborhood of South Parkdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,000 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.
Fully renovated 1 plus 1 bedroom lower level apartment at 1485 King St W. Ideal for someone who values space, convenience and easy access to transit. Space is estimated to be about 800-900sqft. Large open living area, modern kitchen with stainless steel appliances, updated 3 piece bathroom, ensuite laundry and a separate den that works well as a home office, storage area or flexible bonus space. Located in a highly convenient King West location close to TTC, shops, restaurants, parks and everyday amenities. Electricity is separately metered and tenant responsibility.
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Data-driven valuation for 1485 King Street W 4, Toronto W01, ON M6K 1J4
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 $2,000 in Toronto, the legal minimum down payment is $100 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 $10 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10 also applies, bringing the total estimated land transfer taxes to $20.
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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.