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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $720,000 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.
Stunning two bedroom corner unit with lots of natural light and three directions of views with large windows. Look out at the Toronto Skyline from your living room or look out north towards the sprawling greenery past the Gardiner. Views from the balcony allow you to gaze out at Lake Ontario, minutes walk to Mimico Go, waterfront parks, beach, shopping and the famous San Remo Bakery. Laminate throughout, open and functional. All the amenities you could want, plus some you didn't realize you wanted. Games, billiards, theatre, library, business centre. Outdoor pool, indoor whirlpool. Outdoor three season patio. **EXTRAS** Parking and Locker
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This could be the first listing for this address.
Data-driven valuation for 185 Legion Road N 1005, Toronto W06, ON M8Y 0A1
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 $720,000 in Toronto, the legal minimum down payment is $47,000 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 $10,875 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,875 also applies, bringing the total estimated land transfer taxes to $21,750.
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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.