500 Caledonia Road, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Caledonia-Fairbank. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $950,000 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.
- 4 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 28 x 142 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Other
- equipped with wall unit(s) central cooling and highly efficient radiant heating via gas
Description
Ready-to-Go Investment Opportunity! This detached home sits on a generous lot with a private driveway and offers excellent income potential. The property features three self-contained units, each with its own kitchen and separate entrance-located in the basement, main floor, and second floor. In addition, there is an approximately 900 sq ft newly built garden house (permit not yet obtained), offering further potential. A perfect choice for investors seeking strong cash flow and long-term appreciation. Alternatively, it can be easily converted back into a spacious single-family home, ideally located in a sought-after neighborhood just steps from Bert Robinson Park and the upcoming Eglinton LRT.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 500 Caledonia Road, Toronto W03, ON M6E 4V2
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 $950,000 in Toronto, the legal minimum down payment is $70,000 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 $15,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,475 also applies, bringing the total estimated land transfer taxes to $30,950.
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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.
