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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $475,000 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 an effortlessly functional 1-bedroom with floor-to-ceiling windows and bright east exposure. The smart, open layout makes the most of every square foot, with a walk-out balcony accessible from both the living room and the bedroom. A full 2018 refresh brings everyday comfort and peace of mind: an updated kitchen with contemporary finishes, a renovated bathroom, and a new heat pump (2018) for efficient heating and cooling. Custom built-in closets in the front hall by the entrance and the bedroom (2022). New washer and dryer (2024). Set in the heart of the Church-Yonge Corridor, you're moments to Loblaws (Maple Leaf Gardens), cafes, parks, and the TTC, plus an easy stroll to UofT and TMU. A well-kept suite in a sought-after, established community, ideal for first-time buyers, professionals, or investors looking for a turn-key downtown home.
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Park, Public Transit, School
Carpet Free, None
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 281 Mutual Street 509, Toronto C08, ON M4Y 1X6
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 $475,000 in Toronto, the legal minimum down payment is $23,750 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 $5,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $5,975 also applies, bringing the total estimated land transfer taxes to $11,950.
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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.