76-78 Lewis Street, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,998,000 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.
- 12 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 44.08 x 135 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Carpet Free
- Efficient forced air heating via gas
Description
Rare Double-Lot Multi-Unit gem in the Heart of Leslieville! 76-78 Lewis Street sits on an ultra-rare, massive 44.08 x 135-foot lot, presenting an unmatched opportunity for developers, investors, and end-users alike. Featuring high-density R(d1*7) zoning, the development and intensification upside here is incredible. For the savvy investor or multi-generational family, this is a premier, high-yield cash-flow asset featuring four massive 3-bedroom suites, each boasting its own private entrance. It is the perfect setup for premium rental income, a sophisticated co-living arrangement, or a luxurious multi-generational compound. Beyond the current four-unit configuration, the sheer scale of this lot is a developer's dream. With R(d1*7) zoning and a deep 135-foot lot, explore the potential for garden suites, massive extensions, or future severance(buyer to verify). The crowning jewel? a private drive with parking for up to 5 cars--a virtually non-existent luxury in downtown Toronto. Located steps from Queen East's world-class dining, cafes, transit, and parks. live in luxury, build your dream, or hold a generational wealth-generating asset!
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Pricing & Value Insights
Data-driven valuation for 76-78 Lewis Street, Toronto E01, ON M4M 2H3
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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 $2,998,000 in Toronto, the legal minimum down payment is $599,600 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 $61,425 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $61,425 also applies, bringing the total estimated land transfer taxes to $122,850.
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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.
