Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Little Portugal. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $409,000 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.
TLC is required prior to possession. The home is currently tenant-occupied, and there are ample tenant belongings present in the unit. Possession can be provided vacant, or the tenant can be assumed at a monthly rate of $2,400, with all terms subject to mutual agreement and applicable landlord-tenant laws. Fabulous Bright Two-Bedroom Unit in the Heart of Trendy Queen St West. Enjoy a great neighborhood with a quick commute to downtown. Features floor-to-ceiling windows, a large terrace, and an open-concept kitchen with stylish cabinetry, granite countertops, and stainless steel appliances. Laminate flooring throughout. Steps to 24-hour streetcar, Liberty Village, King West, transit, and an array of restaurants, bars, and shops. Perfect for both users and investors. Bonus: Excellent tenants currently occupy the unit on a month-to-month basis, paying $2,400 per month, and are happy to stay.
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Data-driven valuation for 36 Lisgar Street 712E, Toronto C01, ON M6J 0C7
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 $409,000 in Toronto, the legal minimum down payment is $20,450 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 $4,655 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,655 also applies, bringing the total estimated land transfer taxes to $9,310.
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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.