7 Ellsworth Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Wychwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,199,000 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.
- 8 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 40.29 x 63.85 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
- Efficient forced air heating via gas
Description
Welcome to 7 Ellsworth Avenue, a solid brick 2-storey triplex in the heart of Torontos, Wychwood neighbourhood. This property features a whopping 40-foot frontage, three self-contained units and 2,300 sq. ft. above grade. The upper floor unit has 3 large bedrooms and a spacious den that can be used as an additional bedroom or office. The sun-drenched main floor unit also has 3 large bedrooms and a fantastic living area, perfect for entertaining or relaxing. The below grade unit boasts 2-bedrooms and its own private entrance. Each unit includes its own ensuite washer/dryer. Recent updates include a metal roof with 47 years remaining on warranty and fiberglass entry doors at the front and back. 3 storage sheds included. Buy as an investment property and enjoy the best cap rate in the city or live in 1unit, while renting out the rest or convert to a single-family home! Conveniently located close to transit, shopping, and amenities, also just a short walk to St. Clair West subway station, in one of Torontos most vibrant neighbourhoods.
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Pricing & Value Insights
Data-driven valuation for 7 Ellsworth Avenue, Toronto C02, ON M6G 2K4
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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 $1,199,000 in Toronto, the legal minimum down payment is $239,800 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 $20,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,455 also applies, bringing the total estimated land transfer taxes to $40,910.
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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.
