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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $518,000 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.
Presenting a brand new suite located in one of Toronto's desirable, locally built neighborhoods. This contemporary suite features 9-foot ceilings and sleek laminate flooring throughout, creating an open and airy atmosphere. The well-designed layout includes a separate kitchen and living area, with the living room offering a walk-out to a private balcony, perfect for outdoor relaxation. The kitchen is equipped with built-in appliances and a stylish granite countertop, ideal for modern living. The spacious primary bedroom is highlighted by a large window and a generously sized closet. A versatile den, enclosed with a door, offers the flexibility to be used as a second bedroom or a home office. Every inch of this unit has been thoughtfully designed to maximize space, with no wasted corners or unused areas. Situated in acharming neighborhood, youre just steps away from St. Lawrence Market (with Phase 2 opening soon), grocery stores (No Frills), shops, restaurants, and the Distillery District. With quick access to the Downtown Core, DVP, and TTC, convenience is at your doorstep. This unit is truly move-in ready, offering an ideal blend of modern design and a prime location.
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Data-driven valuation for 135 Lower Sherbourne Street 1838, Toronto C08, ON M5A 1Y4
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 $518,000 in Toronto, the legal minimum down payment is $26,800 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 $6,835 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,835 also applies, bringing the total estimated land transfer taxes to $13,670.
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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.