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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Woodbine Corridor. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $399,999 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.
Welcome to Carmelina Condos on Danforth! Bright & Spacious 1 Bed, 1 Bath w/Private Terrace. Enjoy A Beautiful Unobstructed View of the City, Functional Open Concept Ideal for Comfortable Living and Generously Sized Bedroom w/Massive Walk-In Closet. High Quality Finishes Throughout, 9 ft Ceilings and Floor-To-Ceiling Windows. Modern European-Style Cabinets, Plenty of Storage, Quartz Counter-Tops, and Full Size S/S Appliances. Steps to Woodbine Subway Station/TTC, Greek Town, Restaurant/Cafes, Grocery Stores, Lynn Park, The Beaches and More... Amenities Include Gym/Exercise Room, Party Room, Lounge Area, Concierge, Visitor Parking, and Ground Floor Terrace w/BBQ Area. Locker Included.
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Clear View, Hospital, Library, Public Transit, Rec./Commun.Centre, Park
Carpet Free
Security System
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2055 Danforth Avenue 505, Toronto E02, ON M4C 1J8
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 $399,999 in Toronto, the legal minimum down payment is $20,000 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 $4,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,475 also applies, bringing the total estimated land transfer taxes to $8,950.
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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.