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 construction, this residence presents an exceptional opportunity offered at $950,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1400-1599 sqft
- 1.0 total parking spaces available
- Notable attributes: Other
- equipped with wall unit(s) central cooling and highly efficient forced air heating via electric
Description
Style and sophistication at Church and Gerrard. This renovated 2 storey, 1589 square foot, 3 bedroom, 2 bathroom urban beauty exudes warmth & elegance. Natural light in abundance through the floor to ceiling west facing glass. Stunning city views. Expansive living and dining space featuring a cosy fireplace and opening onto a 180+ square foot balcony for fabulous indoor/outdoor entertaining. The slate grey kitchen features granite counters and all new appliances.The spacious main level primary bedroom features a second balcony and spa-like 4 piece bath with soaker tub and separate walk-in shower. On the second level you will find two graciously proportioned bedrooms with built-ins and closets; a four piece bathroom and large storage room.Steps to Toronto Metropolitan University, close to hospital row, Yonge/Dundas Square, shops, TTC, restaurants and all the vibrancy our city has to offer.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 86 Gerrard Street E 6B, 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 $950,000 in Toronto, the legal minimum down payment is $70,000 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 $15,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,475 also applies, bringing the total estimated land transfer taxes to $30,950.
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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.