545 Concord Avenue, Toronto, ON

$2,299,000
MLS#:W9038671
4 beds
3 baths
4.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $2,299,000 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
  • Premium 40.09 x 124.22 ft lot size
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

SO. MUCH. OPPORTUNITY. 545 Concord Ave is a one of a kind property located in desirable Dovercourt Village. Detached duplex on a double-wide lot, with a whopping 40 feet of frontage (incredibly rare in this area). Calling all builders, developers, investors, and end users - imagine the possibilities! Renovate & build your dream home, maximize the multi-unit potential of the current house, add a large laneway house, or possibly sever the lot & fully realize the development potential (see the attached Laneway/Multi-Report for a detailed opinion on all that might be done here). Currently divided into two units. The upper unit offers two sizeable bedrooms, two full bathrooms, kitchen, laundry, and rear deck. The main floor unit offers a chalet-style living room with wood burning fireplace & vaulted ceilings, an open concept kitchen/dining area, two sizeable bedrooms, a full bathroom, and a cozy family room. The hallway off of the family room leads to an enormous double garage structure (separately metered) at the rear of the property (measuring 38'4" x 21'3" and 38'4" x 15'1", as per floor plan), with parking for multiple vehicles and plenty of room left over for your dream workshop, art/creative space, warehouse space, home business endeavours, additional storage... the possibilities are endless! Top it all off with private driveway parking at the front of the property and a secluded backyard oasis. EXCELLENT LOCATION: Close to all the exciting amenities along Dupont to the north and Bloor to the south. TTC access just steps away (a short stroll south to Ossington Subway Station, and close to the Ossington & Dupont bus lines). Beautiful Parks: Dovercourt to the west & Christie Pitts to the east. Groceries: Farm Boy, Loblaws, and Fiesta Farms to the east. Walk to vibrant Geary Ave, with it's trendy restaurants, breweries, and cafes.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 16, 2024
Sold price information is available to members only
Listed Date7/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementPartially Finished
Lot Size40.09 × 124.22 Feet
CountyToronto
Annual Tax$7,982.63
Legal DescriptionPCL 20-5 SEC M60; PT LT 20 PL M60 TORONTO; PT LT 21 PL M60 TORONTO PT 1, 66R14900; TORONTO , CITY OF TORONTO

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Storage

Security Features

Community Features

Location

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545 Concord Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 545 Concord Avenue, Toronto W02, ON M6H 2R2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$459,800 (20.0%)
* Minimum Canadian down payment required for this price is $459,800.
Amortization Period25 Years
Estimated Monthly Payment$10,960Based on a loan of $1,839,200 over 25 years.
Purchase Price$2,299,000
Loan Amount$1,839,200
Provincial Land Transfer Tax:$43,950
Toronto Municipal Land Transfer Tax:$43,950
Total Estimated Closing Taxes:$87,900

About Purchasing a Home in Toronto, ON

For a property listed at $2,299,000 in Toronto, the legal minimum down payment is $459,800 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 $43,950 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $43,950 also applies, bringing the total estimated land transfer taxes to $87,900.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,168,130

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.