255 Gamma Street, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Alderwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,580,000 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 7 Bathrooms with 5 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 50 x 120 ft lot
- Features a apartment, walk-up 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: Accessory Apartment, Carpet Free, Separate Hydro Meter
- equipped with wall unit(s) central cooling and highly efficient water heating via gas
Description
Class - A Investment Property. Exceptional turnkey 5-unit, Fully Leased to fantastic tenants at great rates. Brand new private 2 bedroom/1 bedroom+ loft garden house built in 2025 features heated floors on main, among many spectacular features. Main house fully gutted and renovated in 2025 to condo standards. Each unit features new kitchens, new bathrooms, new flooring, and includes all new appliances. New and upgraded mechanicals, 7 new (wall mounted) AC systems, 4 laundry sets and modern finishes throughout make this a rare hands-off investment. 5 electrical meters and separate water meter for each unit. All ceilings, floors and walls are insulated for soundproofing and fire rated for safety. Security cameras, new asphalt driveway, landscaping, new fence on the back and separation between garden suite. Private drive and designated parking spots. Strong rental income. Located in desirable South Etobicoke, close to transit, major highways, and amenities.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Rec./Commun.Centre, Park, Public Transit
Interior Features
Accessory Apartment, Carpet Free, Separate Hydro Meter, Water Heater Owned
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 255 Gamma Street, Toronto W06, ON M8W 4G9
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 $2,580,000 in Toronto, the legal minimum down payment is $516,000 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 $50,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $50,975 also applies, bringing the total estimated land transfer taxes to $101,950.
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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.