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 brick construction, this residence presents an exceptional opportunity offered at $1,140,000 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 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to the Unparalleled urban oasis, Unit 2702 at the Gooderham! This Luxurious Corner Suite Offers a Split 2-Bedroom Open Concept Layout with Expansive Floor to Ceiling Windows Opening up to a Rare Unobstructed Panoramic View of the City. The Meticulously Designed Open Concept Layout offers 1048 Sq Ft of Living space flooded with Natural light and a 300 Sq ft of a wrap around Terrace looking out to the Breathtaking Unobstructed Views. Combining Comfort and Sophistication this space is Equipped with Newly Installed 2024 Appliances, Rimadesio Shelving, Ample Closet Space, and a Separate Laundry Room. Located in the Iconic Distillery District, Step outside the building's Front Entrance to the King Street car 504A route, Shops & Fantastic Restaurants!!
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Key Features
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Features
Property Features
Clear View, Hospital, Lake/Pond, Library, Park, Public Transit
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 390 Cherry Street 2702, 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 $1,140,000 in Toronto, the legal minimum down payment is $228,000 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 $19,275 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19,275 also applies, bringing the total estimated land transfer taxes to $38,550.
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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.
