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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium concrete 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.
Welcome to your new lifestyle at the Metropolitan Essex, a condominium nestled in a prime Toronto location steps to all urban conveniences. Meticulously maintained, this wonderfully bright and spacious 1170 square foot corner suite with a south west exposure and expansive windows offers an abundance of natural light and tremendous city views. A contemporary aesthetic that is equally stylish and functional. A well designed layout with an open concept living and dining room, 2 bedrooms, a den, and 2 bathrooms lending itself seamlessly to comfortable family living and easy entertaining. The generously sized primary bedroom provides a lovely retreat. Two double closets with mirror panel sliding doors bridge the space between the bedroom and the 4 piece ensuite. The second bedroom is also generously sized with ample closet space. Enjoy the designer details in the tastefully renovated kitchen with full size stainless steel appliances and quartz countertop. The den serves as a wonderful work from home space or can be used as a third bedroom. Indulge in the ultimate convenience of ensuite laundry, a well located underground parking spot next to the entrance door to the elevator, and an underground storage locker. Amenities include 24hour concierge, an indoor pool, sauna, squash court, and an exercise room. Located in an established building with maintenance fees that include hydro, water, heat, parking, locker, common elements, and building insurance. Excellent proximity to transit, groceries, cafes, restaurants, green space, Toronto Metropolitan University, and U of T. What are you waiting for? Truly a special opportunity!
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Data-driven valuation for 298 Jarvis Street 1707, Toronto C08, ON M5B 2M4
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 $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.