116 George Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $549,000 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: Guest Accommodations
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
You'll love the airy feel of this bright, open concept space which offers an exceptional floor plan. A wall of floor to ceiling windows runs the entire width of the unit. The kitchen features stainless steel appliances and granite counter tops. Entertain on your private balcony. The primary bedroom has a large triple closet with exceptional storage. The laundry room has enough space for pantry shelving or additional storage. Vu offers an amazing downtown location just steps to public transit, George Brown College, the Financial District and the world-famous St. Lawrence Market. Easy access to the Gardiner & DVP, Billy Bishop Airport and the Toronto waterfront. Live, work, & play in one fantastic neighbourhood!
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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 116 George Street N904, Toronto C08, ON M5A 3S2
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 $549,000 in Toronto, the legal minimum down payment is $29,900 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 $7,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,455 also applies, bringing the total estimated land transfer taxes to $14,910.
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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.
