38 Elm Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 1 Storey/Apt common element condo located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $498,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 700-799 sqft
- 0.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Elevate your urban living experience in this expansive 750 sq ft one-bedroom condo, perched on the 32nd floor, offering breathtaking panoramic city views. This meticulously maintained suite, owner-occupied for over a decade, boasts an open-concept layout that seamlessly integrates living, dining, and kitchen areas. The modern kitchen is a chefs dream, featuring a quartz countertop, an undermount sink, and stainless steel appliances. Luxurious marble flooring extends into the marble-adorned bathroom, complete with a soothing Jacuzzi tub and separate shower stall. Wake up to mesmerizing sunrises in the east-facing bedroom, which comfortably fits a king-sized bed and features motorized Hunter Douglas blackout blinds, a spacious double closet, and semi-ensuite access. Additional conveniences include in-suite laundry with ample storage and remote-controlled Philips Hue lighting throughout the living area. Residents enjoy unparalleled amenities such as a 24-hour concierge, indoor swimming pool, sauna, gym, and a rooftop garden. With a perfect Walk Score of 100, you're steps away from public transportation, including multiple TTC stations and streetcar lines, ensuring the city is at your fingertips. Don't miss the opportunity to own this urban sanctuary. Schedule your private viewing today!
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 38 Elm Street 3207, Toronto C01, ON M5G 2K5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $498,000 in Toronto, the legal minimum down payment is $24,900 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 $6,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,435 also applies, bringing the total estimated land transfer taxes to $12,870.
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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.
