199 Islington Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,449,000 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.
- 8 Bedrooms and 5 Bathrooms with 5 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 30 x 118 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: Countertop Range
- equipped with wall unit(s) central cooling and highly efficient water heating via gas
Description
Excellent Turnkey Investment Opportunity, Fully Tenanted! Detached Fourplex, Lot Size 30 X 118 Ft. 5 Self-Contained Apartments:1-Deluxe 3 Bedroom, 1-2 Bedroom, 2-1 Bedroom, 1-Bachelor. Currently Providing close to $100K/Year Rent. Zoned as: Residential property with Four self-contained units. Located Near Islington and Lake Shore. Excellent South Etobicoke Location: Close to bus stops, transit, highways, Humber College, and shopping. **EXTRAS** The attached scratched Floor plan shows the layout but is not accurate.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 199 Islington Avenue, Toronto W06, ON M8V 3B8
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 $1,449,000 in Toronto, the legal minimum down payment is $289,800 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 $25,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $25,455 also applies, bringing the total estimated land transfer taxes to $50,910.
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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.
