Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of York University Heights. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $598,800 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.
An irreplaceable investment opportunity, Don't let it slip away!! This apartment is for sale for more than 330K less than the original cost paid by the seller. You can take possession vacant or assume the excellent tenant who pays $2850/month + utilities. This 2 bed with 2 bath & 1 parking with 1 locker situated in one of Toronto's most convenient locations. Open concept layout, elegant laminate floor and modern kitchen, with beautiful counter top and finishes. Bright, floor to ceiling windows natural light, 12000 sq ft of amenities, fitness center, meeting room, indoor basketball court, pet spa, rooftop with terrace and more. Close to Highway 401 West subway station, Go transit, shopping center, Costco, Yorkdale Mall, Downsview park, York University, 24 hours concierge, child's playroom, entertainment lounge with games.
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Built-In Oven, Separate Hydro Meter, Storage Area Lockers
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1100 Sheppard Avenue W 608, Toronto W05, ON M3K 0E4
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 $598,800 in Toronto, the legal minimum down payment is $34,880 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 $8,451 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,451 also applies, bringing the total estimated land transfer taxes to $16,902.
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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.