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Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of Little Portugal. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $649,000 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.
Experience exceptional urban living in this rare corner loft, a lower penthouse in an exclusive 8-storey boutique building by Streetcar Developments. Over $30,000 in upgrades!! This bright, stylish suite at 2G offers floor-to-ceiling windows with panoramic city views and a thoughtfully designed open-concept layout. Incredible south facing 300 sq ft terrace with over $10,000 of patio furniture included. Enjoy the gas fire pit in the centre of U-shaped 12 seater sofa, perfect for relaxing! Jaw dropping indoor-outdoor living with gas line for BBQ overlooking the city! The chef-inspired, new kitchen and floors (2022) features Italian porcelain finishes, a 6ft waterfall island, gas cooktop, and premium appliances for indulging and entertaining. Custom remote-controlled blackout blinds throughout and upgraded spa-like bathroom showcases a black-and-white marble vanity, ambient lighting, 6ft mirror, and Toto Japanese toilet. Located in the heart of Queen West, frequent Ossington's top restaurants, TTC, grocery stores, and the best of this vibrant neighbourhood. A truly unique opportunity to own a contemporary, design-forward loft in one of Toronto's most sought-after communities.
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Data-driven valuation for 2 Gladstone Avenue 606, Toronto C01, ON M6J 0B2
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 $649,000 in Toronto, the legal minimum down payment is $39,900 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 $9,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,455 also applies, bringing the total estimated land transfer taxes to $18,910.
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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.