390 CHERRY Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C8. Expertly crafted featuring premium concrete block construction, this residence presents an exceptional opportunity offered at $519,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 0.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This Beautiful Suite Is A Class Of It's Own, New Flooring, Freshly Painted, Accent Wall With Designer Customized Kitchen Cabinetry. Double Front Hall Coat Closet, Granite Countertops, Stainless Steel Applicances, Floor To Ceiling Windows And A Huge Balcony To Enjoy A Cup Of Coffee. The One Bedroom Plus Study Offers A Restful Retreat With A Double Closet . 1 Locker Included. Super Convenience With Close Proximity To Downtown And Across Ttc Streetcar Stop. Amenities Include Outdoor Pool, Sauna, Gym, Yoga Studio, Party Room, Game Room
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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 390 CHERRY Street 1506, Toronto C08, ON M5A 0E2
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 $519,000 in Toronto, the legal minimum down payment is $26,900 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 $6,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,855 also applies, bringing the total estimated land transfer taxes to $13,710.
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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.
