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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Palmerston-Little Italy. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $839,999 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.
Client RemarksWelcome to your new home at the 707 Lofts, in the heart of Bloorcourt. This inviting 2-bedroom, 2-bathroom condo with a versatile den space is perfect for urban living, offering both comfort and convenience. This ground floor unit features a functional layout, which maximizes space and natural light. The bedrooms are generous in size, with great closet space and an ensuite bathroom in the primary, while the den space can be used as a home office or a cozy reading nook, providing flexible options to suit your lifestyle. With 9ft ceilings and exposed concrete, this property has the feeling of a traditional loft space, but the comfort of a more boutique apartment. The location, just south of Bloor St, puts you right in the middle of desirable Bloorcourt, with transit and amazing food/drink options a stones throw away in all directions. Enjoy your morning coffee or an evening drink on your large west facing private patio. No elevator needed for this unit, and the convenience of the patio walkout means you can get in and out of your home with ease and explore all that this amazing neighbourhood has to offer!
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Data-driven valuation for 707 Dovercourt Road 109, Toronto C01, ON M6H 2W7
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 $839,999 in Toronto, the legal minimum down payment is $59,000 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 $13,275 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,275 also applies, bringing the total estimated land transfer taxes to $26,550.
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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.