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Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of Waterfront Communities C8. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,099,000 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.
Step into this freehold townhome perfectly situated between the St. Lawrence Market and the Distillery District. 2 Longboat Avenue boasts the widest lot on the block, offering rare space and privacy in the heart of downtown Toronto. This three-level, corner executive townhome is an ideal family home in the core of the city. A true renovation opportunity, the property features three bedrooms, three bathrooms, and exceptional natural light thanks to its wide corner positioning. The fenced 475 square foot backyard is perfect for entertaining, barbecuing, gardening, or providing a secure play area for children. Located on a quiet, community-focused street, you're just steps from shops, restaurants, grocery stores, transit, parks, and schools - and only a 15-minute walk to Bay Street and the Financial District. Garage parking is included, and you're just minutes away from both the Don Valley Parkway and the Gardiner Expressway for quick, convenient travel across the city.
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Fenced Yard, Lake Access, Public Transit, Wooded/Treed
In-Law Capability, Water Heater
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2 Longboat Avenue, Toronto C08, ON M5A 4E1
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 $1,099,000 in Toronto, the legal minimum down payment is $219,800 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 $18,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,455 also applies, bringing the total estimated land transfer taxes to $36,910.
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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.