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Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Alderwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,599,000 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.
Welcome to 657 Evans Avenue, a fantastic investment opportunity nestled in Torontos vibrant Alderwood community! This modern, purpose-built duplex offers incredible versatilityperfect for investors looking for a strong income property or families seeking a multi-generational living solution.The property boasts two generously sized 3-bedroom units on the upper levels and a comfortable 2-bedroom unit in the basement, all meticulously maintained to ensure comfort and convenience. Basement unit is vacant. Other two units are subject to negociation. Home is equipped with central air conditioning, as well as separate hydro meters for each unit, two separate gas meters for the main floor & the second floor units. Basement unit is heated by electric baseboards. With ample parking and laundry facility for each unit, this property checks all the right boxes for tenants and homeowners alike. Location is paramount, and 657 Evans Avenue excels in this regard. Situated in a sought-after neighbourhood, residents enjoy seamless access to major highways and public transportation, simplifying commutes to both, Toronto and Mississauga. Families will appreciate the proximity to schools, parks, playgrounds, and local amenities, just minutes away, making this a truly desirable community to call home. Convenient location across the Sherway Garden shopping centre. Whether you're aiming to expand your investment portfolio or seeking a property that offers both residence and income potential, this duplex presents an opportunity not to be overlooked!
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Sump Pump, Water Heater, Separate Hydro Meter, Water Meter, Water Heater Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 657 Evans Avenue, Toronto W06, ON M8W 2W7
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 $1,599,000 in Toronto, the legal minimum down payment is $319,800 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 $28,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,455 also applies, bringing the total estimated land transfer taxes to $56,910.
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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.