380 Spadina Road
Forest Hill South, Toronto
$3,900,000
Bedrooms: 5
Bathrooms: 3
Living Area: 3,000 sqft
Price Per Sqft: $1,300.00
About this Detached
in Forest Hill South, Toronto
Exceptional development and investment opportunity in Toronto's prestigious Forest Hill neighbourhood. Located along a prominent stretch of Spadina Road, just north of Casa Loma, this rare offering presents multiple pathways for investors, developers, and end users alike. Currently improved with a substantial seven-bedroom residence, the property is fully tenanted and generating income, providing immediate cash flow while future plans are considered.The existing home showcases timeless architectural character with an impressive grey stone and red brick façade, commanding street presence, and a setting surrounded by mature trees and distinguished executive residences. Whether you choose to maintain the property as a high-performing investment, transform the existing structure into a remarkable luxury residence, renovate the carriage house to create additional income-generating units, or redevelop the site entirely, the possibilities are extensive.Developers and land assembly groups will appreciate the property's strong frontage, prestigious location, and long-term redevelopment potential within one of Toronto's most coveted residential corridors. Ideally situated near transit, top-ranked public and private schools, parks, downtown Toronto, and the city's financial and cultural districts, this location continues to experience strong demand and enduring value.Opportunities that offer immediate income, exceptional land value, and future development flexibility are increasingly rare. Whether pursued as a strategic long-term holding, luxury estate conversion, multi-unit enhancement, or future multi-family redevelopment project, 380 Spadina Road represents a unique opportunity in the heart of Forest Hill.
Listed by REVEL Realty Inc., Brokerage.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| Ontario Land Transfer Tax | |
| Toronto Land Transfer Tax | |
Province of Ontario (effective January 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a refund of up to $4,000.
Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers
City of Toronto (effective March 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a rebate of up to $4,475.
Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities
MORTGAGE CALCULATOR
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| * This material is for informational purposes only. | |||
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