47 Lower River Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey condo apartment located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium concrete and other construction, this residence presents an exceptional opportunity offered at $969,000 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: Carpet Free
- equipped with central air central cooling and highly efficient fan coil heating via gas
Description
Watch the sunset over the unbelievable view of the Toronto skyline from the wall to wall and floor to ceiling windows! This rarely available River City 2-level 2-bedroom 2-bathroom penthouse condo has it all. A great kitchen with plenty of space for a dining area next to your west facing terrace. The afternoon sun fills the living and dining room so you can snooze on the sofa like a Cheshire cat. Exposed concrete ceilings give you the soft loft feel. Walk upstairs to find two real bedrooms (not dens) which both easily accommodate queen size beds plus furniture. Both have Juliette balconies allowing for plenty of light and air flow, solid doors and closets. The primary bedroom features a semi-ensuite with a deep tub. The building has amazing amenities including an outdoor swimming pool with sundeck. Your unit comes with a parking spot (#28) just steps to the elevator and storage locker (plaque #250) a few steps beyond. Incredibly efficient LEEDS building for low bills.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 47 Lower River Street PH 37, Toronto C08, ON M5A 0G1
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 $969,000 in Toronto, the legal minimum down payment is $71,900 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 $15,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,855 also applies, bringing the total estimated land transfer taxes to $31,710.
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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.
