1401 O'connor Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of O'Connor-Parkview. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $509,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 500-599 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to The Lanes! Discover the charm of this stunning unit with 9ft ceilings and an open-concept layout. Featuring a 1-bedroom and a spacious den, this home offers the flexibility to accommodate a home office or small guest room. Enjoy the convenience of one parking space and a locker included. Step out onto the large balcony to take in the peaceful southeast views. Residents can indulge in numerous amenities and benefit from a prime location near the Eglinton Crosstown LRT, TTC access, Topham Park, dining, shopping, the DVP, and beaches.
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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 1401 O'connor Drive 422, Toronto E03, ON M4B 2V5
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 $509,000 in Toronto, the legal minimum down payment is $25,900 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 $6,655 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,655 also applies, bringing the total estimated land transfer taxes to $13,310.
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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.
