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Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of University. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,550,000 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.
Presenting our elegant four bedroom townhouse, spanning over 2,100 square feet, with the added bonus of a finished basement featuring its own separate walk-up entrance. While the home has been beautifully updated with a modern kitchen and contemporary lighting, the original baseboards and millwork have been carefully preserved to retain its timeless charm. And as an added bonus, this property offers private gated parking, accessible via the rear laneway. Live your best life surrounded by expressive architecture, charming vintage shops, and a mouthwatering selection of globally-inspired street food. Nestled right next to the University of Toronto's St. George campus this location is perfect for students and families alike. You'll find T&T Supermarket just a few steps away, along with Chinatown and the AGO. Its an ideal home for families looking to enjoy everything the neighbourhood has to offer, and a fantastic opportunity for investors seeking a prime rental for students.
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Arts Centre, Fenced Yard, Hospital, Library, Park, Public Transit
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This could be the first listing for this address.
Data-driven valuation for 59 Major Street, Toronto C01, ON M5S 2K9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,550,000 in Toronto, the legal minimum down payment is $310,000 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 $27,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $27,475 also applies, bringing the total estimated land transfer taxes to $54,950.
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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.