50 McCaul Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of Kensington-Chinatown. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $998,000 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 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Air Exchanger, Auto Garage Door Remote, Countertop Range
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Loft Living at Its Finest! Location, location, location! This is your opportunity to own a rare 2-bedroom, 2-bathroom loft in a boutique Tridel-built building, complete with one parking spot and one locker.Situated in the heart of the city's vibrant arts and culture district, this luxurious unit at the prestigious Form Condo offers a bright, open-concept design with floor-to-ceiling windows, flooding the space with natural light. The contemporary interior features LED lighting, smooth ceilings, and laminate flooring throughout. The modern kitchen is equipped with Granite & Quartz countertops and high-end stainless steel appliances, including an oversized fridge, stove, oven, and built-in microwave. Frameless glass showers and spacious walk-in closets add to the units allure.Located just steps from University Avenue and Dundas Street, this prime location puts you within a 2-minute walk of OCAD University and Grange Park, a 3-minute walk to the Art Gallery of Ontario (AGO), and a 5-minute walk to the nearest subway station and hospitals. In just 8 minutes, you can reach the University of Toronto. Heading south, a 3-minute walk brings you to Queen Street, where you can enjoy top-tier dining and boutique shopping. The property offers quick access to two subway stations and major highways, ensuring easy connectivity across the city. Perfect for young professionals, couples, and families seeking a dynamic urban lifestyle, this loft also presents a fantastic investment opportunity for generating rental income. Don't miss out, submit your offer today! Enjoy state-of-the-art amenities, including an outdoor patio, fully-equipped gym, yoga room, party room, concierge service, and more.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Hospital, Park, Place Of Worship, Public Transit
Interior Features
Air Exchanger, Auto Garage Door Remote, Countertop Range, Separate Hydro Meter
Security Features
Carbon Monoxide Detectors, Security Guard, 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 McCaul Street 313, Toronto C01, ON M5T 0B6
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 $998,000 in Toronto, the legal minimum down payment is $74,800 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 $16,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,435 also applies, bringing the total estimated land transfer taxes to $32,870.
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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.
