62 Hallam Street, Toronto, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey semi-detached located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,299,000 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 25 x 60 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome To Dovercourt Village! Rare Opportunity To Own A Turnkey Two-Unit Property. Perfect For Investors & End-Users Living In One Suite While Renting The Other. Fully Vacant, Move-In Ready, With Vacant Possession Upon Closing. Main & Lower Suite (2-Bed, 2-Bath, 1,567 Sqft): Spacious Kitchen With Stainless Steel Appliances, Pantry, & Pot Lights. Large Rec Room & Bright Living Room With Walkout To Rear Porch & Backyard. Upper Suite (3-Bed, 1-Bath, 1,067 Sqft): Private Deck Off Kitchen, Separate Third Floor Bedroom, Ensuite Washer & Dryer. Individual Heating Per Unit. Estimated Potential Income $79,200 Per Year. Upgrades Include New Furnace, Roofing, Basement Waterproofing, Tuckpointing, Electrical, & Plumbing. Full Pro-Forma & Carson Dunlop Inspection Available Via Listing Agent. Quick Walk To Bloor Street TTC Subway, Christie Pits, Koreatown, & Incredible Shops & Restaurants All Along Bloor Street! Fantastic Investment Opportunity - Come Take A Look!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 62 Hallam Street, Toronto W02, ON M6H 1W6
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 $1,299,000 in Toronto, the legal minimum down payment is $259,800 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 $22,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,455 also applies, bringing the total estimated land transfer taxes to $44,910.
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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.
