1015 Weston Road, Toronto, ON
Property Highlights
Welcome to this remarkable store w apt/office located in the coveted neighborhood of Weston. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $990,000 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.
- 0 Bedrooms and 4 Bathrooms
- Premium 16.5 x 96 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Rare mixed-use investment opportunity in the heart of Weston with strong cash flow and future upside. Prime street-front retail space offers wide frontage, excellent exposure, and abundant natural light in a high-traffic location. Upper level features three bedrooms with ensuite bathrooms, with estimated rental income of approximately $3,200/month. Main floor retail plus separate basement with private entrance offer additional income potential of approximately $2,800/month, for a total estimated income of $6,000/month. Fully renovated top to bottom in 2023 with approximately $150,000 in upgrades. Major improvements include a new high-efficiency furnace, central air conditioning, 50-gallon hot water tank, all new ductwork, updated gas lines, venting, insulation, thermostat, as well as upgraded plumbing and drainage systems. Additional features include a separate basement entrance, covered awning, new walkout slope, updated front and rear windows, 1 kitchen, 4 bathrooms, 2 hydro meters, backwater valve, and ample on-site parking. Potential to add a third storey for further expansion. Conveniently located close to transit, schools, highways, restaurants, and everyday amenities. Ideal for investors or end users seeking a turnkey property with stable income.
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Pricing & Value Insights
Data-driven valuation for 1015 Weston Road, Toronto W04, ON M6N 3R9
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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 $990,000 in Toronto, the legal minimum down payment is $74,000 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 $16,275 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,275 also applies, bringing the total estimated land transfer taxes to $32,550.
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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.
