255-261 Gamble Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of East York. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $4,999,900 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 0 Bathrooms
- Spacious lot size measured in Feet
- equipped with no central cooling and highly efficient none heating
Description
This Property is being sold as land value. This is an assembly of 255, 257, 259 and 261. The site is proposed to be able to create a 60-70 unit building all depending on the size of the units. There are tenants dwelling the properties. Inspection of the homes will be possible upon a conditional offer.
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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 255-261 Gamble Avenue, Toronto E03, ON M4J 2P4
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 $4,999,900 in Toronto, the legal minimum down payment is $999,980 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 $111,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $111,473 also applies, bringing the total estimated land transfer taxes to $222,945.
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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.
