133 Galt Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2 1/2 Storey triplex located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,198,000 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.
- 6 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 20.3 x 99.83 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Other
- Efficient forced air heating via gas
Description
Legal Triplex in Prime South Riverdale Location - Exceptional Investment Opportunity! Located One Block West Of Jones Avenue, Just North Of Gerrard. On A Quiet, Tree-Lined Residential Street. This Fully Legal Triplex Features Three 2-Bedroom, 1-Bath Units, Each With Its Own Open-Concept Layout, Full Bathroom And Kitchen. Coin-Op Laundry. Separate Entrance. The Main Floor Offers An Open-Concept Design With Lots Of Sunshine. The Upper Unit Features A Walk-Out To Its Own Private Balcony And Upstairs Attic , While The Lower Unit Boasts Its Spacious Open-Concept Kitchen and Living Area. All Three Units Are Currently Tenant-Occupied With Great Annual Cash Flow For The Owner. The Property Includes 2 Parking Spaces. Enjoy Unbeatable Convenience With Half A Block From Streetcars And Buses, Walking Distance To Gerrard Square, And Just A Few Minutes Ride To The Beach, Shopping, Groceries, Schools, And Vibrant Queen St East And Danforth Ave. Don't Miss This Chance To Own A Turnkey Income Detached Property In One Of Toronto's Most Desirable Neighborhoods!
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Pricing & Value Insights
Data-driven valuation for 133 Galt Avenue, Toronto E01, ON M4M 2Z4
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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 $1,198,000 in Toronto, the legal minimum down payment is $239,600 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 $20,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,435 also applies, bringing the total estimated land transfer taxes to $40,870.
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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.
