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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Annex. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,900 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.
Take advantage of this incredible opportunity to own this generous-size, well-laid out 1 bedroom plus den in this quiet, boutique condo in the heart of downtown. Unit 905 is beautifully lit and is ready for your re-imagining. Spend very little to bring it up to speed to live well, or rent it easily, or go 'Yorkville crazy' and turn it into your diamond pied-a-terre; the choice is all yours. Poised 100' from St. George subway station, and where Yorkville meets the Annex, this condo truly embodies the best of city living. This condo is at the epicentre of U of T & OISE campuses, 'Hospital alley' and is just steps to world-class Museums, shopping, restos, cafes and the like. If you have the eye and talent for renovations, this property has the bones and the light to be truly fabulous! Parking may be presently rented for $200/month.
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Data-driven valuation for 284 Bloor Street W 905, Toronto C02, ON M5S 3B8
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 $499,900 in Toronto, the legal minimum down payment is $24,995 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 $6,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,473 also applies, bringing the total estimated land transfer taxes to $12,946.
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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.