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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Hillcrest Village. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $699,000 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.
Discover an exceptional lifestyle at the Zenith Skymark, Suite 1408. This sought-after community is designed for comfort, convenience, and elegance offering everything you could wish for. Ideally located close to shopping, transit, highways, and schools, the building features an impressive array of amenities, including indoor and outdoor pools, a fitness centre, BBQ area, party room, meeting room, library, ping pong, billiards, and tennis courts. This spacious 1,325 sq.ft. 2+1 bedroom, 2 bath suite showcases a thoughtfully updated kitchen with a convenient walk-in pantry and ensuite laundry. The spacious living and dining room with hardwood flooring is perfect for entertaining family and friends, while a large in-suite storage room adds everyday practicality. The generous primary bedroom features two mirrored double closets and a 5 piece ensuite with double sinks. The second bedroom includes a versatile Murphy bed, easily doubling as a guest suite or home office. Enjoy bright, east facing city views from the sun-filled solarium-perfect as a relaxing retreat or workspace. All inclusive maintenance fees cover cable and high speed internet for added value. Parking Spot is Tandem 2 Car.
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Data-driven valuation for 55 Skymark Drive 1408, Toronto C15, ON M2H 3N4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $699,000 in Toronto, the legal minimum down payment is $44,900 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 $10,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,455 also applies, bringing the total estimated land transfer taxes to $20,910.
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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.