86 Gerrard Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $625,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with window unit(s) central cooling and highly efficient forced air heating via electric
Description
Spacious South Facing 2 Storey, 2 Bedroom Unit in a Uniquely Designed 12 Storey Tower with Only 56 Boutique Units. This Loft like Suite features High Ceilings, Floor to Ceiling Windows and an Expansive 180 Sq Ft South Facing Terrace. Enjoy a Morning Coffee on Your Sunny Terrace or an Evening BBQ with Unobstructed Views of the Downtown Skyline. Large and Functional Living and Dining Room with Wall to Wall Windows. Sizeable Bedrooms with Large Closets. Extra Storage Space Throughout, Plus a Convenient Ensuite Locker, just Steps from the Unit. Underground Parking. Expansive Rooftop Patio with 360 degree views of the City Skyline. Short Walk to Grocery Stores, Restaurants, Shops, Eaton Centre, Toronto Metropolitan University. Walkable Distance to Yorkville, University of Toronto & Hospital Row.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 86 Gerrard Street E 8E, Toronto C08, ON M5B 2J1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $625,000 in Toronto, the legal minimum down payment is $37,500 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 $8,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,975 also applies, bringing the total estimated land transfer taxes to $17,950.
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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.
