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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Niagara. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $309,900 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.
Prime Location Bachelor Suite @ 650 Queens Quay West! Conveniently Located Across The Park From Billy Bishop Toronto City Airport, As Well As Short Walking Distance To All The Harbourfront & Downtown Has To Offer (CN Tower, Rogers Center, Scotiabank Arena, Union Station, Ripley's Aquarium Etc). Multi-Faceted Use, Can Be For 1st Time Home-Buyer, Investment Property, Or A Pied-A-Terre In The City. Everyday Essentials Are All Nearby With Loblaws, Sobeys, Shoppers Drug Mart, Starbucks, Tim Hortons As Well As TTC Streetcar At Your Doorstep. Amenities Include 24-Hour Concierge, Exercise Room, Courtyard Waterfall, Visitor Parking, & Rooftop Terrace With Gorgeous City/Lake Views As Well As BBQs. Well Managed Building, Maintenance Fees Include All Utilities.
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Data-driven valuation for 650 Queens Quay W 1121, Toronto C01, ON M5V 2Y7
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 $309,900 in Toronto, the legal minimum down payment is $15,495 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 $3,124 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $3,124 also applies, bringing the total estimated land transfer taxes to $6,247.
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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.