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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Englemount-Lawrence. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $579,000 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.
Location! Location! Location! Welcome To "The Shermount" Built By Tridel. This One Bedroom With Den Boasts A Great Open Concept Space Just Over 800 Sqft. Den Large Enough To Be Utilized As A Second Bedroom, Office And/Or Dining Space. Laminate Floors In The Living/Dining/Den/Primary Bedroom. Well Maintained Unit. Oversized Bathroom With Ensuite Laundry. One Parking Spot And One Locker Included. Common Elements Including The Main Entrance And Hallways Have Been Renovated. Minutes To The Allan Expressway/401/Yorkdale Shopping Mall, And Steps To The Lawrence West Subway. All The Conveniences Steps Away. Exceptionally Well Maintained Building. Incredible Value In An Excellent Location. Amazing Find For A First Time Buyer, Investor Or Downsizer!
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Carpet Free
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Data-driven valuation for 650 Lawrence Avenue 706, Toronto C04, ON M6A 3E8
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 $579,000 in Toronto, the legal minimum down payment is $32,900 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 $8,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,055 also applies, bringing the total estimated land transfer taxes to $16,110.
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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.