152 Wright Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Roncesvalles. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,875,000 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 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 24.62 x 125 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Storage
- Efficient forced air heating via gas
Description
Set in one of Torontos most beloved neighbourhoods, this versatile, multi-unit property in Roncesvalles Village offers an outstanding opportunity for investors or owner-occupiers seeking strong rental potential. With four separate units including a generous main floor suite, a sun-filled upper unit, and two self-contained basement bachelors this property is primed for consistent cash flow.Each unit is thoughtfully laid out, making it ideal for long-term tenants or short-term rental strategies. The location directly across from a school and just steps to Roncesvalles vibrant main strip ensures broad appeal to renters and homeowners alike. From boutique shops and cafes to transit, parks, and top schools, everything is right at your doorstep.For those looking ahead, theres the possibility of building a laneway home, adding even more future value and flexibility. Alternatively, the property can be reimagined as a beautiful single-family home in a community known for its strong sense of character and charm.Whether youre focused on maximizing rental income, house-hacking your way into the neighbourhood, or planning for a future family residence, this property delivers unmatched potential in a highly desirable location.Opportunities like this dont come around often secure your spot in Roncesvalles Village today.
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Pricing & Value Insights
Data-driven valuation for 152 Wright Avenue, Toronto W01, ON M6R 1L2
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 $1,875,000 in Toronto, the legal minimum down payment is $375,000 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 $33,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $33,975 also applies, bringing the total estimated land transfer taxes to $67,950.
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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.
