1171 Queen Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Little Portugal. Expertly crafted featuring premium brick and metal/steel siding construction, this residence presents an exceptional opportunity offered at $589,000 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: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Turn-key and thoughtfully designed, this west-facing 1-bedroom offers a smart, efficient layout with no wasted space and distinct areas for living, dining and everyday life. Dark flooring grounds the space, while the kitchen pairs white counters and upper cabinetry with contrasting base cupboards for a clean, modern look. A large island, upgraded stainless steel appliances, mosaic tile backsplash and generous storage make the kitchen as functional as it is polished, flowing naturally into proper dining and living areas rarely found in a one bedroom layout. Floor-to-ceiling windows bring in afternoon light and open to a west-facing balcony. The bedroom is well-proportioned and includes a walk-in closet, while in-suite laundry and thoughtful finishes throughout add to the suite's refined, move-in-ready feel. The building is currently undergoing a full renovation of its common areas, with renderings in the listing photos showcasing the updated design and the rare combination of a like-new feel and the space and functionality of an established condo. Set at Queen and Gladstone, this is a low - maintenance home with style, substance and everyday practicality in one of Toronto's most established west-end pockets.
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Pricing & Value Insights
Data-driven valuation for 1171 Queen Street W 1001, Toronto C01, ON M6J 0A5
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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 $589,000 in Toronto, the legal minimum down payment is $33,900 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 $8,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,255 also applies, bringing the total estimated land transfer taxes to $16,510.
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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.
