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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,000 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.
Detached 2-storey home on a 32 x 125 ft lot in Mimico ready for your next move, rental, or reno project. Inside, youll find real hardwood floors on the main level, with crown moulding throughout the freshly painted home. A white, bright kitchen that overlooks the living area, adjacent to a separate dining room. The main-floor primary bedroom is steps from a full 4-piece bath. Upstairs offers two spacious bedrooms with closets and laminate flooring. The finished basement has a separate entrance, tile floors, two additional bedrooms, a full bath, and powder room ideal for rental income or multi-generational living. Enjoy a large fenced yard, a big shed for storage, and a glass partition fence. Located just steps from Lake Shore Blvd, 6 minute walk from the lake and 2min drive to Mimico Go Station, 24-hr streetcar, parks, legendary San Remo Bakery, schools, and more. A blank canvas with endless potential to make your own. A great pick for investors, renovators, or anyone who sees the bigger picture.
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Data-driven valuation for 80 Albani Street, Toronto W06, ON M8V 1X2
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 $899,000 in Toronto, the legal minimum down payment is $64,900 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 $14,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,455 also applies, bringing the total estimated land transfer taxes to $28,910.
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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.