240 Scarlett Road, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Rockcliffe-Smythe. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $509,000 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 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 240 Scarlet Rd #807 --- a bright, spacious 1-bedroom retreat overlooking the Humber River. This beautifully maintained suite features a sunken living room that adds character and dimension, leading to an extra-large balcony with sweeping views of the Humber River, the peaceful courtyard, and even the CN Tower in the distance, perfect for morning coffee, evening sunsets, or simply unwinding above the treetops. Inside you'll find a well-appointed 4-piece bathroom, a comfortable bedroom with great natural light, and a funtional layout that makes the space feel open and airy. The building is pet-friendly and packed with amenitie including an outdoor pool with a sundeck for summer relaxation, a fully equipped gym, car wash station, and beautfully maintained grounds and walking area, commuting is a breeze with quick access to TTC, the Eglinton LRT, and major highways 400,401, and 427. Nature lovers will appreciate the nearby hiking and biking trails along the Humber River, a rare opportunity to enjoy comfort, convenience, and nature all in one place.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 240 Scarlett Road 807, Toronto W03, ON M6N 4X4
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 $509,000 in Toronto, the legal minimum down payment is $25,900 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 $6,655 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,655 also applies, bringing the total estimated land transfer taxes to $13,310.
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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.
