359 Roncesvalles Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable store w apt/office located in the coveted neighborhood of Roncesvalles. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,795,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 15.91 x 125 ft lot size
- Convenient lane garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
*ABSOLUTELY STUNNING!* FULLY GUTTED AND RENOVATED TWO STOREY BUILDING IN PRIME RONCESVALLES VILLAGE* GORGEOUS FLOOR TO CEILING GLASS STOREFRONT WITH DOORS OPENING TO RONCESVALLES* BEAUTIFUL EXPOSED BRICK WALLS ON TWO FLOORS WITH WOOD FLOORING THROUGHOUT* LARGE SECOND FLOOR TWO BEDROOM APT WITH JULIETTE BALCONY AT THE FRONT AND WALKOUT TO PRIVATE DECK AT THE REAR* AMAZING LONG TERM TENANTS* IDEAL USER/INVESTOR OPPORTUNITY. WITH GREAT UPSIDE POTENTIAL* TWO CAR PARKING AT REAR. CURRENT ANNUAL GROSS INCOME APPROX 100K. *DON'T MISS OUT!
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Pricing & Value Insights
Data-driven valuation for 359 Roncesvalles Avenue, Toronto W01, ON M6R 2M8
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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 $1,795,000 in Toronto, the legal minimum down payment is $359,000 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 $32,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $32,375 also applies, bringing the total estimated land transfer taxes to $64,750.
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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.
