2055 Danforth Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Woodbine Corridor. 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.
- 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
This open concept suite with preferred split bedroom layout offers tremendous value, in a well managed, boutique, mid rise building with only 12 floors. The suite features 9ft ceilings and great light from tall windows. Modern kitchen has center island with breakfast bar and granite counters as well as glass tile backsplash for a bit of pizzazz. Handy powder room allows for privacy in the main bath and spacious bedroom closets let you store a ton of stuff. Seconds to Woodbine subway station, minutes from East Lynn Park and many great restaurants on the Danforth as well as a short jaunt down to the Beach.. Great building amenities including well equipped exercise room with great views, party room, media room, fabulous outdoor patio with gas BBQ and 2 elevators allowing for minimal wait time. Move right in and enjoy a low maintenance lifestyle.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2055 Danforth Avenue 406, Toronto E02, ON M4C 1J8
Based on 0 recent similar sales in the pocket.
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 $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.
