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Welcome to this remarkable Apartment leasehold condo located in the coveted neighborhood of Milliken. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $825,000 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.
Luxury Senior Living Scarborough Mon Sheong Court Life Lease Private Residence At Kennedy And Mcnicoll. Adults 18 + One Member Must Be Age 55+. Spacious 1120sqft 2 Bedroom Plus Den Unit Is South Exposure W/Open Balcony. Open Concept, Ensuite Laundry. Locker & Parking Are Included. Maintenance Fee Of $1313.77/Month Includes Hydro, Water, A/C, Cable TV And Property Tax. Senior Safety Features: Panic Alarm, Bathroom Support Bars. Amenities: Mahjong Rm, Ping Pong, Karaoke, Exercise Rm, Cafeteria, Pharmacy, Library, Hair Salon. Convenient And Safe Residence For Seniors.
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Clear View, Hospital, Park, Public Transit, Rec./Commun.Centre
None
Concierge/Security, Security System
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2020 Mcnicoll Avenue 518, Toronto E07, ON M1V 0B5
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 $825,000 in Toronto, the legal minimum down payment is $57,500 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 $12,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,975 also applies, bringing the total estimated land transfer taxes to $25,950.
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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.