40 Emerald Crescent, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment lower level located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,195 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Built-In Oven
- Efficient water heating via gas
Description
Bright, spacious, and beautifully renovated 2-bedroom apartment in the heart of New Toronto. This sun-filled suite offers nearly 800 sq. ft. of freshly painted living space and features a stunning updated 4-piece bathroom. The modern, newly renovated kitchen is equipped with brand new stainless steel appliances, including a Miele fridge, Miele built-in oven, Miele cooktop, range hood, and integrated dishwasher. Located in a quiet, well-maintained building, this move-in-ready home is perfect for professionals and those seeking a peaceful 'life-by-the-Lake'. Enjoy being located just steps to the Waterfront Trail, numerous lakeside parks, and Lake Ontario. You will love the spectacular city skyline views from nearby Cliff Lumdson Park. Excellent commuter location with easy access to the QEW, HWY 427, 24-hour TTC transit, and the GO Train.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Lake/Pond, Library, Marina, Park, Public Transit
Interior Features
Built-In Oven
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 40 Emerald Crescent # 1, Toronto W06, ON M8V 2B6
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 $2,195 in Toronto, the legal minimum down payment is $110 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 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11 also applies, bringing the total estimated land transfer taxes to $22.
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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.
