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Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Milliken. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $648,800 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.
Welcome to this unbelievable sun drenched huge corner suite at Optima on the Park II! This fantastic suite has been completely customized and upgraded throughout. Easily used as a 3 bedroom (3rd bedroom now used as a dining space). This space has been opened up for optimal flow and light! Brand new flooring throughout, very large open kitchen with huge quartz island and new high end induction cooktop, built in range, stainless steel fridge, new backsplash, D/W, sweeping unreal 180 views from all rooms. Fantastically managed building with gorgeous indoor pool, outdoor areas, gym, parking, lockers are fantastic! They are rented for $15 monthly, or $120 year from management, with large ensuite locker as well! The current owners have 2 lockers which could be assumed, but used to have 4. Additional lockers are available through management! Everything included (water, gas) with the exception of hydro. This large unit has unbelievable maintenance fees for the size! An unbeatable location with all the shopping and grocery right outside your door! Easy transit and smack dab in the middle of the 401 and 407 making a commute beyond convenient! This suite was originally designed for accessibility in mind so all areas were customized to accommodate a wheelchair and walker.
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Data-driven valuation for 160 Alton Towers Circle 1012, Toronto E07, ON M1V 4X8
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 $648,800 in Toronto, the legal minimum down payment is $39,880 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 $9,451 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,451 also applies, bringing the total estimated land transfer taxes to $18,902.
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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.