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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete and brick construction, this residence presents an exceptional opportunity offered at $519,000 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.
Welcome to the Icon! This boutique building combines the benefits of a large complex with the feel of a smaller development. With just 12 stories and 247 units, its the perfect space for someone who wants to experience the best of the city to live and work downtown! Unit 521 has everything you need for your new home in the city, with 588 sf of living space. The functional layout allows a den/dining area with space for a full size table, an L-shaped kitchen with a solid-surface island for eat-in options, a large living area space that opens directly to the balcony, and a big bedroom and updated full washroom. The unit also comes with a great parking space on P1 as well as two owned lockers for all your storage needs!
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Storage Area Lockers
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Data-driven valuation for 270 Wellington Street W 521, Toronto C01, ON M5V 3P5
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 $519,000 in Toronto, the legal minimum down payment is $26,900 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 $6,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,855 also applies, bringing the total estimated land transfer taxes to $13,710.
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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.