511 Davenport Road, Toronto, ON
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Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Casa Loma. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,149,000 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.
- 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 22.25 x 97.92 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Accessory Apartment
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Outstanding opportunity across from Casa Loma. This Solid Detached 2.5 story offers endless potential and is waiting for your personal touches. Charming original features, like leaded glass windows, French doors, fireplace & hardwood floors enhance the character. 3rd floor loft provides an open concept space with skylight. Upper floors are vacant and ready for your vision. Stellar location nestled between Spadina & Madison. Fantastic parking via rear lane right of way for 2 cars. Rear patio is has been upgraded w/newer retaining wall. Home is zoned res/commercial and was previously used as professional offices. Perfect for designers, lawyers, therapists, accountants. A short walk to Dupont Subway and the revitalized stretch of Dupont filled with vibrant shops including, cafes, Farm Boy & Creeds. This is an opportunity to create your own space. Laundry in lower level is shared with wonderful basement tenant who occupies a cozy studio apartments & pays 1300/mo plus 20% of utilities. Would like to stay. Some photo's are virtually staged.
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Accessory Apartment
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 511 Davenport Road, Toronto C02, ON M4V 1B8
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 $1,149,000 in Toronto, the legal minimum down payment is $229,800 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 $19,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19,455 also applies, bringing the total estimated land transfer taxes to $38,910.
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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.
