3 Herzberg Gardens, Toronto, ON
Property Highlights
Welcome to this remarkable 3-Storey semi-detached located in the coveted neighborhood of York University Heights. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,308,888 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.
- 12 Bedrooms and 5 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 94.33 x 24.15 ft lot
- Features a walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
***GREAT TURNKEY INVESTMENT OPPURTUNITY In Prime York University Location.*** Fully leased corner semi-detached property generating approximately $14,000 in gross monthly rent and $168,000 in gross annual income. Highly desirable location within walking distance to TTC and subway, offering strong and consistent rental demand. The property features 13 bedrooms and 2 kitchens, 2 laundry, including a walk-out basement with separate entrance, ideal for multi-tenant use. Well-maintained income property with solid cash flow and long-term investment potential. Close to York University, transit, shopping, and all essential amenities.
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Pricing & Value Insights
Data-driven valuation for 3 Herzberg Gardens, Toronto, ON M3J 3P5
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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 $1,308,888 in Toronto, the legal minimum down payment is $261,778 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 $22,653 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,653 also applies, bringing the total estimated land transfer taxes to $45,306.
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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.
