86 Macdonell Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey semi-detached located in the coveted neighborhood of Roncesvalles. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,290,000 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 17.5 x 137 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- Efficient forced air heating via gas
Description
Extraordinary "2-Family" 3-storey Victorian style home offers live-in plus rental income. Main and lower level currently tenanted month-to-month at $2,300.00/month. Finished walk-up basement. Huge discounted Seller financing available at 1% for one year up to 65% loan to value. No income qualification needed, great for self-employed or just arrived residents. Private front door entrance to 2nd/3rd floor 3 bedroom apartment features an expansive front sun deck, private laundry, beautiful renovated 4 piece bathroom, kitchen with separate sunroom eating area with walkout to backyard. An exit to the front yard and the back yard seamlessly connects indoor and outdoor living spaces. Large eat in kitchen on main floor, 4th bedroom plus finished basement rec room and a study. Laneway to 1 car garage and storage area for enhanced convenience. 2 Separate hydro meters.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 86 Macdonell Avenue, Toronto W01, ON M6R 2A2
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 $1,290,000 in Toronto, the legal minimum down payment is $258,000 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 $22,275 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,275 also applies, bringing the total estimated land transfer taxes to $44,550.
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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.
