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Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium brick and stucco (plaster) 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.
Step into this charming 3-bed3/-bath Victorian house just moments from the vibrant Yonge/Bloor intersection, in the heart of the city! This home features high ceilings with crown molding, pot lights, and hardwood floors, and could use a bit of TLC to truly shine. The breakfast area and family room open out to the garden, offering a perfect space to create your own oasis. Nestled on a quiet street in a bustling neighbourhood, it boasts a Walk Score of 99! You're close to Yorkville's endless shops and restaurants, the PATH network, public transportation, Toronto General Hospital, and excellent schools. Just steps to Wellesley Subway Stn., Yonge & Bloor, this home is waiting for someone to bring out its full potential!
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Data-driven valuation for 61 Gloucester Street, Toronto C08, ON M4Y 1L8
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.