50 Lombard Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $560,000 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
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Auto Garage Door Remote, Built-In Oven, Guest Accommodations
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover a rare gem in downtown Toronto. This spacious one-bedroom apartment boasts 745 sqft (a rare find for downtown units). The separate space with a glass enclosure and window can be used as a second bedroom/den space/office space/rec room. It comes with its own parking and locker. Located in the sought after Indigo Building, with concierge security. Enjoy unmatched convenience, steps from financial district offices, fine dining, St. Lawrence Market, Eaton Centre, the waterfront, subway stations, TTC, with easy access to the Gardiner Expressway. Nestled on quiet Lombard Street, which offers a serene escape from city life. Its layout includes large corner bedroom windows and large unobstructed windows in the living room for stunning views. Hardwood flooring in the dining room and the gourmet kitchen features built-in appliances. An incredible investment, this property offers exceptional value in an A+ location. Ideal for investors or those seeking a move-in-ready urban home. Property is being sold "as is". **EXTRAS** Lots of amenities for residents to enjoy such as rooftop garden patios/BBQs, gym, sauna room, game/sports room, party room, guest suite, and library/office space.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Park, Place Of Worship, Public Transit, School, Rec./Commun.Centre
Interior Features
Auto Garage Door Remote, Built-In Oven, Guest Accommodations, Primary Bedroom - Main Floor, Separate Hydro Meter, Sauna, Steam Room, Storage Area Lockers, Storage
Security Features
Alarm System, Carbon Monoxide Detectors, Concierge/Security, Monitored, Security Guard, Security System, Smoke Detector
Community Features
Location
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 50 Lombard Street 1005, Toronto C08, ON M5C 2X4
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 $560,000 in Toronto, the legal minimum down payment is $31,000 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 $7,675 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,675 also applies, bringing the total estimated land transfer taxes to $15,350.
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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.