530 Indian Grove, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Junction Area. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $495,000 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 600-699 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Built-In Oven, Carpet Free, ERV/HRV
- equipped with central air central cooling and highly efficient heat pump heating via electric
Description
Welcome to The Duke in the heart of the Junction, a boutique, community focused building known for its quality construction and strong reputation. This bright 606 sq ft one bedroom suite features 9' ceilings, floor to ceiling windows, and a sunny south exposure that fills the space with natural light. Enjoy a private south facing balcony overlooking greenery, a peaceful retreat with beautiful summer sunsets away from the bustle of Dundas St W. A functional layout offers a foyer with coat closet, open concept living area with engineered hardwood floors, and a modern Scavolini kitchen with stone countertops, paneled appliances, and stainless steel wall oven, cooktop, and microwave. The bedroom fits a queen sized bed with a double closet, complemented by a 4 piece bathroom with soaker tub and in suite laundry. Residents enjoy a well established 7 storey building with a gym, BBQ area, and party room. Unbeatable Junction location with a 97 Walk Score and 95 Bike Score, steps to cafes, restaurants, the farmers' market, and minutes to High Park, the Stockyards, and transit including the UP Express for quick connection to Pearson Airport and nearby subway access at Keele or Dundas West station. An excellent opportunity for first time buyers, young professionals, downsizers, or investors seeking a well located west end home or pied à terre. For investors, the combination of strong rental demand in the Junction, efficient layout, and relatively low operating costs offers attractive income potential, with an estimated cap rate of approximately 4%.
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Interior Features
Built-In Oven, Carpet Free, ERV/HRV
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 530 Indian Grove 401, Toronto W02, ON M6P 0B3
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 $495,000 in Toronto, the legal minimum down payment is $24,750 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 $6,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,375 also applies, bringing the total estimated land transfer taxes to $12,750.
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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.
