500 St Clair Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Humewood-Cedarvale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $625,000 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 700-799 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 heat pump heating via gas
Description
Welcome to "The Forest Hill" at 500 St. Clair. The perfect layout boasting 750 sq ft plus large balcony. Enjoy 10 foot ceilings throughout. Work from home in your oversized den or use as a second bedroom. No space wasted in this rarely available floor plan. Prepare to be amazed by this luxurious condo. This unit comes equipped with a Gourmet Chef's Kitchen with Breakfast Bar, Granite Counter Tops And Stainless Steel Appliances. Walk to To The Shops And Eateries Of St. Clair, Wychwood Barnes, Parks And Renowned Public And Private Schools. Amazing area Amenities such as The St. Clair West Subway Stop Just Steps From Your Front Door! Welcome home.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 500 St Clair Avenue W 203, Toronto C03, ON M6C 1A8
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 $625,000 in Toronto, the legal minimum down payment is $37,500 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 $8,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,975 also applies, bringing the total estimated land transfer taxes to $17,950.
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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.
