69 Eighth Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,298,000 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.
- 7 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 37.55 x 125 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- Efficient radiant heating via gas
Description
Exceptional investment and live-in opportunity in the high-demand South Lakeshore community!This unique LEGAL TRIPLEX is perfect for investors or multi-generational families seeking spacious,income-generating accommodations, Situated on a rare premium 37 x 125-foot lot in South of LakeShore, the property features a private drive and an extra-large detached 3-car garage, withpotential to add a garden suite for additional income. With 3 separate entrances and 4 individualhydro meters, this versatile property offers plenty of room to grow and customize to your needs.Only a few steps to the lake, with a short commute to downtown and easy access to streetcar and GOTrain. Situated in a vibrant neighborhood, close to parks, schools, shops, and the waterfront, thisis an incredible opportunity you dont want to miss! Check 3D Virtual Tour!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Hospital, Marina, Public Transit, School
Interior Features
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Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 69 Eighth Street, Toronto W06, ON M8V 3C2
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 $1,298,000 in Toronto, the legal minimum down payment is $259,600 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 $22,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,435 also applies, bringing the total estimated land transfer taxes to $44,870.
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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.
