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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $765,000 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.
Welcome to Suite 505, a bright and spacious home that has had only one owner, who has lovingly cared for it for more than 20 years. The open-concept floor plan features southeast exposure with both lake and city views, creating a light-filled atmosphere throughout. There are 2 large bedrooms and 2 four-piece bathrooms; the solarium is also a good size and can accommodate a full office or be a +1. One parking space and 1 locker is included in this offering. Features include newer high-quality vinyl laminate floors, kitchen backsplash, dishwasher, double-door fridge, built-in microwave, ceramic-top stove, and fan coil - a move-in condition home with ensuite security, 24-hour concierge/security, 2 guest suites, party room, games room, exercise room, and full-time management. Across the street from the lake, walking/biking paths, community centre and school, National Yacht Club, and Billy Bishop Toronto City Airport. Tons of great restaurants, shopping, including a large Loblaws, entertainment, and minutes' walk to York Quay with ferries to the Toronto Islands, Trillium Stage, etc. It's all right there!
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Other
Carbon Monoxide Detectors, Concierge/Security, Smoke Detector
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Data-driven valuation for 600 Queens Quay W 505, Toronto C01, ON M5V 3M3
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 $765,000 in Toronto, the legal minimum down payment is $51,500 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 $11,775 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,775 also applies, bringing the total estimated land transfer taxes to $23,550.
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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.