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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $739,000 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.
Offered at an unbelievable price, including parking & a locker! 1,100 Square foot open concept corner suite featuring a stunning renovated chef's kitchen with a huge island, quartz counters seating for six, top quality appliances & a custom storage pantry. Amazing amount of storage throughout the suite plus a locker. Generous living space with large 12ft x 11 ft primary bedroom, marble tiled en-suite & jacuzzi tub, large 2nd bedroom & washroom. Fantastic location only 10 a minute walk to St Lawrence Market, Financial District, George Brown & Toronto Metropolitan University. Convenient access to transit, highways, & major thoroughfares, commuting is a breeze. Plus, with top-notch shopping, entertainment, recreation, cafes & restaurant options nearby, everything you desire is just steps away. Whether you're a discerning homeowner or an astute investor we challenge you to find better value in the area. **EXTRAS** Extremely well-managed boutique mid-rise building with only 104 predominately larger condos-indulge in a wealth of amenities; state-of-the-art gym, sauna, large rooftop terrace with BBQs, party room & guest suites.
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Arts Centre, Hospital, Library, Place Of Worship, Public Transit, School
Storage Area Lockers
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Data-driven valuation for 50 Lombard Street 2101, Toronto C08, ON M5C 2X4
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 $739,000 in Toronto, the legal minimum down payment is $48,900 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 $11,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,255 also applies, bringing the total estimated land transfer taxes to $22,510.
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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.