38 Jellicoe Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Alderwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,879,000 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.
- 7 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 50.15 x 120.17 ft lot
- Features a apartment, full, separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Auto Garage Door Remote, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Family owned triplex on quiet street walking distance to Lakeshore shopping, TTC and GO station. This property has been well maintained and offers an opportunity as an investment or generational residence. Solid brick structure and purpose built with 3 full kitchens, 3 baths, thermopane windows, separately metered electrical services, oversized double garage and plenty of parking. Basement and main floor units have been updated with kitchens featuring quartz countertops and new appliances. Newly renovated baths with new fixtures, vanities and heated mirrors. Freshly painted throughout. Electrical service has 3 meters and new panels (2x100 amp, 1x60 amp). Second floor unit is tenanted on a month to month basis @ $2650 plus hydro. Purchaser to assume tenant. New exterior doors and push button locks. Large rear garden is fully fenced. Positive Carson Durlop inspection report available. MPAC-reported square footage of 2494 sqft refects the main and upper floors and does not include the basement.
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Interior Features
Auto Garage Door Remote, Water Heater Owned
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 38 Jellicoe Avenue, Toronto W06, ON M8W 1W1
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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 $1,879,000 in Toronto, the legal minimum down payment is $375,800 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 $34,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $34,055 also applies, bringing the total estimated land transfer taxes to $68,110.
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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.
