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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Willowdale East. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $485,000 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.
*AFFORDABLE UNIT FOR FIRST TIME HOME BUYER AT HEART OF NORTH YORK. Experience urban luxury in this bright and efficiently designed 1-bedroom, 1-bath suite at Minto's Spring Garden residence. With 1 parking and 1 locker. The building offers exceptional amenities including a café/bar, lounge, movie theatre, indoor pool with hot tub, pool table, library, yoga room, business centre, BBQ area, and more. Located just steps from Sheppard-Yonge Subway, grocery stores (Longo's, Food Basics, Shoppers), restaurants, shops, and parks - with easy access to Highway 401. Perfect for first-time buyers, young professionals, or investors seeking a turnkey rental opportunity. This move-in-ready gem combines convenience, comfort, and resort-style living. Schedule your viewing today!
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Carpet Free
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Data-driven valuation for 23 Sheppard Avenue E 1505, Toronto C14, ON M2N 0C8
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 $485,000 in Toronto, the legal minimum down payment is $24,250 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 $6,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,175 also applies, bringing the total estimated land transfer taxes to $12,350.
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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.