384 Yonge Street, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Bay Street Corridor. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $155,000 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 1 x 1 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
This excellent investment opportunity is located in the prime Aura Concourse Shopping Mall at College Park. It offers direct access to the College subway and is adjacent to the 78-story luxury Aura residential condo building (985units). The condo building features retail anchor tenants such as Ikea, Marshalls, and Homesense. The unit is currently merged (units 39 and 40)and can be sold together or separately. *EXTRAS:*- Steps to TMU, U of T, hospitals, many offices, and surrounding residential condos.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 384 Yonge Street 39, Toronto C01, ON M5B 1S8
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 $155,000 in Toronto, the legal minimum down payment is $7,750 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 $1,275 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,275 also applies, bringing the total estimated land transfer taxes to $2,550.
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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.
