42 Symons Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,278,000 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.
- 6 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 25 x 125 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Don't Miss the Opportunity to Own This Fantastic Purpose-Built Triplex. Detached 2-Storey Triplex With 4 Separate Hydro Meters (3 Units + Common Area) In Family-Oriented Mimico Community & Within Walking Distance to Public Transportation. Vacant Units on The Main & Basement Levels, Select Your Own AAA Tenant. Very Reliable Tenant on Second Level. Main And Second Levels Offer Identical Floor Plans. The Basement Level Offers Oversized Windows Allowing Natural Sunlight. Fire Retrofit Inspection Report Available (Obtained from Previous Owner). Plenty Of Parking at The Rear Can Easily Accommodate 3 Cars & Potentially More. Excellent Opportunity for Investors, First Time Home Buyers Seeking Additional Income, Down Sizers, And Large Families Desiring Flexible Living Accommodations.
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Pricing & Value Insights
Data-driven valuation for 42 Symons Street, Toronto W06, ON M8V 1T8
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 $1,278,000 in Toronto, the legal minimum down payment is $255,600 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 $22,035 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,035 also applies, bringing the total estimated land transfer taxes to $44,070.
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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.