10 Ivy Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Other multiplex located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,699,000 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.
- 14 Bedrooms and 7 Bathrooms with 7 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 50.07 x 125.47 ft lot
- 8.0 total parking spaces available
- Notable attributes: Water Heater
- equipped with other central cooling and highly efficient baseboard heating via electric
Description
Large 7-unit apartment Building in trendy South Riverdale/Leslieville area. 1 x 1-Bed Unit with kitchen, BathTub/Shower, 5 x 2-bed Units with Kitchen, Bath Tub/Shower, 1 x 3-Bed (full top floor) with Bath, DoubleSink Vanity, Shower, Large Tub, Kitchen, Washer and Dryer, its own Water Heater, and Electric Heating/Cooling System. The rest of the Units share 2 additional Hot Water Tanks, and a shared coin laundry facility. There are also two small storage rooms. A must-see building to appreciate the size and finishes of the apartments. 8 Parking spots. Windows 2017. New Roof 2020. Tenants pay Hydro. Close to restaurants, breweries, Chinatown East, Leslieville, Indian Bazaar and the Beaches. The New Ontario Line Subway will also increase transportation and value. Each Unit has its own electricity meter. Ideal for any investor looking for a cash flow positive asset with still significant upside on rents.
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Parking & Garage
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Features
Property Features
Hospital, Park, Place Of Worship, Public Transit, School
Interior Features
Water Heater
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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 10 Ivy Avenue, Toronto E01, ON M4L 2H7
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 $2,699,000 in Toronto, the legal minimum down payment is $539,800 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 $53,950 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $53,950 also applies, bringing the total estimated land transfer taxes to $107,900.
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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.
