Welcome to this remarkable commercial retail located in the coveted neighborhood of Downsview-Roding-CFB. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $5,900,000 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.
Exceptional User, Investment & Development Opportunity - Over 1 Acre improved with 8,431 Sq. Ft. Freestanding Commercial Retail/Industrial Building. Strategically located with immediate connectivity to 401, 400, 409, and 407 highways. The property offers seamless access across the GTA. Located in one of the GTA's most sought-after logistics and commercial nodes, this versatile site presents a prime opportunity for investors, developers, and owner-users alike. The existing building accommodates a range of industrial and commercial uses, while the extensive lot provides significant redevelopment potential i.e self-storage, commercial industrial retail units and service components. The property benefits from high population density and high traffic volumes which contributed to the property becoming a landmark for over 70 years.
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No
Major Highway, Public Transit
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 33 Eddystone Avenue, Toronto W05, ON M3N 1H5
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 $5,900,000 in Toronto, the legal minimum down payment is $1,180,000 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 $133,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $133,975 also applies, bringing the total estimated land transfer taxes to $267,950.
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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.