116 George Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,900 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 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Sun-soaked southwest corner suite at the sought-after VU, featuring one of the largest 1+1 layouts in the building. Enjoy spectacular CN Tower views from the expansive west-facing terrace, perfect for sunsets or entertaining. Inside, a large chefs kitchen offers ample counter space and storage, flowing seamlessly into an incredibly functional layout that feels open and spacious. Floor-to-ceiling windows and soaring 10-foot ceilings enhance the airy feel, while thoughtful upgrades add comfort and style.2024 additions include custom Somfy motorized roller shades with independent blackout and sun-shade layers, also controllable via app and voice assistant. The bedroom features luxurious new high-end drapery, with smart lighting throughout the suite and 2 Ecobee thermostats . Includes one parking space and a locker. This owner occupied suite is immaculate and move-in ready.
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Interior Features
Carpet Free
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Carbon Monoxide Detectors, Smoke Detector
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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 N811, 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 $699,900 in Toronto, the legal minimum down payment is $44,990 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 $10,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,473 also applies, bringing the total estimated land transfer taxes to $20,946.
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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.
