20 Minowan Miikan Lane, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Little Portugal. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $735,000 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 700-799 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
Charming 2 bedroom 2 bathroom 731 sq.ft. suite in the 11-storey north tower at the Carnaby Lofts with 1 parking space included. Located in Queen West/Little Portugal at Queen St. W and GladstoneAve. This condo offers soaring unobstructed panoramic east-facing views of downtown Toronto throughout the condo and from the generously sized balcony. Come home to a bright suite with tons of natural light, floor to ceiling windows and 9ft exposed concrete ceilings. Modern kitchen equipped with a built-in stove, oven, dishwasher and fridge. Primary bedroom suite includes a 4-piece ensuite, floor to ceiling windows w/ downtown Toronto views + a walk-out door to the balcony. Well-sized 2nd bedroom w/ wall to wall closet for ample storage. Tasteful finishing/colour selections - original owner. Engineered hardwood and tile throughout the suite. Condo amenities include: 24hr concierge, state-of-the-art gym/yoga room with tons of daylight, massive party room/lounge and rooftop terrace with BBQs.
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Pricing & Value Insights
Data-driven valuation for 20 Minowan Miikan Lane 931, Toronto C01, ON M6J 0E5
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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 $735,000 in Toronto, the legal minimum down payment is $48,500 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 $11,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,175 also applies, bringing the total estimated land transfer taxes to $22,350.
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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.
