50 Lombard Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $588,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Ventilation System
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to The Indigo - A luxurious one bedroom penthouse suite featuring stunning wooden floors throughout. This spacious and bright suite boasts an excellent layout with expansive windows that flood the open-concept living/dining areas with natural light. The sleek white kitchen includes brand new GE washer/dryer(2025). The marble bathroom offers a separate tub and shower for ultimate relaxation. The primary bedroom is a serene retreat with a large mirrored closet, corner windows that provide abundant light, and a fantastic view. With only three suites on the top floor, privacy and tranquility are guaranteed. The rooftop garden is only a few steps away, with unobstructed views letting you soak in the sun all day. Experience the convenience of visitor parking, personal EV Charger, 24-Hr Concierge service, a fully equipped gym, yoga room, sauna, games room, and guest suites for any visitors all within the vibrant heart of Downtown.This is a fantastic opportunity to downsize, without compromising on space!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Electric Car Charger, Hospital, Park, Public Transit, School
Interior Features
Ventilation System
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 50 Lombard Street 2705, Toronto C08, ON M5C 2X4
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 $588,000 in Toronto, the legal minimum down payment is $33,800 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 $8,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,235 also applies, bringing the total estimated land transfer taxes to $16,470.
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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.
