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Welcome to this remarkable Apartment co-ownership apartment located in the coveted neighborhood of Humewood-Cedarvale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $592,000 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.
Effortless Living in Cedarvale Step into this bright, ground-floor suite in a boutique fourplex and experience the perfect blend of value and location. Freshly painted and showcasing beautifully restored hardwood floors, this inviting unit is move-in ready. The kitchen provides convenient access to the basement, where you'll find your own laundry machines and locker an added bonus for extra storage and ease. Indoor and outdoor parking options enhance everyday living, and the monthly maintenance fee includes your share of realty taxes for added simplicity. Located minutes from the T.T.C., top-rated schools, and the lush trails of Cedarvale Park, this co-ownership suite puts the best of Cedarvale within reach. Seize this incredible chance to enjoy affordable city living in a thriving community! **EXTRAS** Eat-in kitchen, 2 parking spots and one locker
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Park, Place Of Worship, Public Transit, School
Carpet Free, Primary Bedroom - Main Floor
Smoke Detector
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This could be the first listing for this address.
Data-driven valuation for 7 Warwick Avenue 2, Toronto C03, ON M6C 1T5
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 $592,000 in Toronto, the legal minimum down payment is $34,200 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 $8,315 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,315 also applies, bringing the total estimated land transfer taxes to $16,630.
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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.