689 Dovercourt Road, Toronto, ON
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Property Highlights
Welcome to this remarkable 2 1/2 Storey semi-detached located in the coveted neighborhood of Palmerston-Little Italy. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $1,399,900 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
- Generous living space spanning 1500-2000 sqft on a premium 21 x 125 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with wall unit(s) central cooling and highly efficient radiant heating via gas
Description
Incredible investment opportunity in a prime Toronto location. This fully tenanted 2.5-storey 2 unit property offers spacious units, each with ample living space, making it ideal for renters and owners alike. The property has been maintained, ensuring a hassle-free experience for the next owner. The main and upper units are bright and roomy, providing comfortable layouts that attract long-term, quality tenants. Additionally, there is a double-car detached garage at the rear, accessible via a laneway. With a highly desirable location close to transit, schools, and amenities, this property is a rare gem for investors or those looking to live in one unit and rent the other.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 689 Dovercourt Road, Toronto C01, ON M6H 2W7
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 $1,399,900 in Toronto, the legal minimum down payment is $279,980 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 $24,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,473 also applies, bringing the total estimated land transfer taxes to $48,946.
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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.
