Welcome to this remarkable Apartment lower level located in the coveted neighborhood of L'Amoreaux. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $1,900 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.
Welcome to this beautifully finished, legal 2-bedroom, 2-bathroom basement apartment located in a quiet, family-friendly neighbourhood at 80 Rainier Sq in Scarborough. Thoughtfully designed with comfort and style in mind, this spacious unit features a bright open-concept living and dining area, enhanced by large above-grade windows that fill the space with natural light. The modern kitchen is a standout, offering ample cabinetry, generous counter space, and sleek stainless steel appliances-perfect for everyday living and entertaining. Both bedrooms are well-proportioned, with plenty of room for rest and relaxation, while the two full bathrooms provide added convenience and privacy. Ideal for responsible tenants seeking a clean, comfortable, and well-maintained home, this unit offers a perfect blend of space, functionality, and contemporary finishes. Conveniently located close to transit, parks, schools, and amenities.
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Data-driven valuation for 80 Rainier Square BSMT, Toronto E05, ON M1T 2Z9
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 $1,900 in Toronto, the legal minimum down payment is $95 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 $10 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10 also applies, bringing the total estimated land transfer taxes to $19.
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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.