5 Mariner Terrace, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $599,000 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 600-699 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 forced air heating via gas
Description
Harbourview Estates at City Place A rare chance to own a spacious, 1+1 bedroom, airy suite (approx. 700 sq. ft. + balcony) with a highly functional layout, perfect for first-time buyers and investors. The open-concept modern kitchen features sleek cabinetry, quality appliances, and ample counter space, seamlessly flowing into the bright living area. The spacious bedroom offers a comfortable retreat with generous closet space, while the practical bathroom is designed for both style and convenience. The versatile den with a window can serve as a second bedroom, home office, or guest space, adding extra flexibility. This building offers exceptional amenities, including a large swimming pool, full-size basketball court, bowling alley, top-tier fitness center, indoor running track, theater, and party rooms, ensuring a luxury lifestyle. Ideally located downtown, it provides easy access to the Financial District, Harbour front, King West, Union Station, and the lake, where you can enjoy stunning harbour views, scenic trails, and waterfront dining. Residents can enjoy exclusive access to the renowned 30,000 sq. ft. award-winning Super Club, featuring world-class sports, wellness, and social facilities. Don't miss this opportunity in one of Toronto's most vibrant communities!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5 Mariner Terrace 307, Toronto C01, ON M5V 3V6
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 $599,000 in Toronto, the legal minimum down payment is $34,900 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 $8,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,455 also applies, bringing the total estimated land transfer taxes to $16,910.
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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.
