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Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of High Park North. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $1,468,000 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.
Triple the Opportunity: Live in One, Rent out Two. A legal Duplex plus additional lower-level unit. 2555 & 2555A Dundas St W. Step into Toronto real estate the bold way with this fully VACANT property allowing you to hand select new tenants and immediately capitalize on current market rents! Live in one stylish unit while the other two generate passive income. Projected monthly rents: $8,400. Over 5.5% cap rate potential! 3 fully renovated suites (Lower: 2BDRM, Ground: 2BDRM & Upper: 3 BDRM) Low property expenses with significant mechanical upgrades throughout including replaced wiring, 200 AMP upgrade, HVAC replaced (Furnace & A/C 2024), roof, all new windows, new siding front & rear & complete interior waterproofing w sump-pump; all 3 units have separate entrances & ensuite laundry, 3 kitchens, 3 washrooms & 2 parking spaces at rear. Each unit features separate breaker panels & monitored w wireless Emporia energy sensors allowing for separate hydro billing. Short Walk to Subway at Bloor/Dundas, the UP express/Bloor GO station. Nearby Great Schools/Steps to All Amenities/Great Community; Hip Cafes, Restaurants, Nature & Shopping at The Junction, Roncesvalles Village & High Park. 99 Bike score, 94 Transit Score, 93 Walk Score. Seller offers no representations or warranties related to the legal or retrofit status of units. Pre-Inspection report available upon request.
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Sump Pump, Carpet Free, Water Heater, Separate Heating Controls
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Data-driven valuation for 2555 Dundas Street W, Toronto W02, ON M6P 1X6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,468,000 in Toronto, the legal minimum down payment is $293,600 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 $25,835 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $25,835 also applies, bringing the total estimated land transfer taxes to $51,670.
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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.