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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of East End-Danforth. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $419,000 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.
This light filled south west facing corner unit in a boutique 4-story building has a great layout for a 1-bedroom, 1-bathroom condo. This unit is perfect for first-time buyers, downsizers, or investors since it features a bright and functional layout with no wasted space making the best use of 527sqft. A new paint job gives you a blank slate to make it your own and add some personality. Enjoy access to a rooftop deck, party room, meeting space, and shared outdoor space, ideal for relaxing and entertaining. Located on a quiet tree lined stretch of Main Street with a south west-facing exposure, you'll enjoy plenty of afternoon sunlight and easy access to transit, parks, shops, and restaurants. The nearby Beaches, Kingston Road Village, Danforth Village, and Woodbine Beach provide endless outdoor and entertainment options. Don't miss this incredible opportunity to own a piece of Torontos sought-after East End!
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This could be the first listing for this address.
Data-driven valuation for 61 Main Street 106, Toronto E02, ON M4E 2V6
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 $419,000 in Toronto, the legal minimum down payment is $20,950 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 $4,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,855 also applies, bringing the total estimated land transfer taxes to $9,710.
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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.