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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Malvern. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $624,900 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.
Family Sized Apartment! This Beautiful, Open Concept, 858 Sq.Ft. Corner Unit, 2-Bedroom, 2-Bathroom Apartment Offers A Harmonious Blend Of Comfort, Style, And Natural light. Sleek Kitchen Granite Countertops And Breakfast Bar With Modern Cabinetry Offer Plenty Of Storage, Primary Bedroom w/4 Pc Ensuite, Conveniently Located In The Heart Of Scarborough, Easy Access To Hwy 401, Grocery, Medical Offices, Public Transit, Schools, Religious Centres, U Of T Scarborough Campus, Centennial College & The Upcoming Scarborough Subway Extension.
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Data-driven valuation for 6 Rosebank Drive 2L, Toronto E11, ON M1B 0A1
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 $624,900 in Toronto, the legal minimum down payment is $37,490 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 $8,973 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,973 also applies, bringing the total estimated land transfer taxes to $17,946.
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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.