89A Clinton Street, Toronto, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Palmerston-Little Italy. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $990,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 16.1 x 128 ft lot size
Description
Vacant Lot - Great Opportunity In Desirable Little Italy! 16 x 128 Foot Lot. Vacant & Unserviced Lot. Notice of Decision from Committee of Adjustment for lot severance and for a new three storey detached dwelling with two storey semi-detached laneway suite, in the rear yard. Laneway At Rear of Property. Buyer is responsible for development charges, servicing costs, obtaining building permits and all other costs and fees. HST is in addition to the purchase price.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 89A Clinton Street, Toronto, ON M6G 2Y4
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 $990,000 in Toronto, the legal minimum down payment is $74,000 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 $16,275 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,275 also applies, bringing the total estimated land transfer taxes to $32,550.
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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.
