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Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of East End-Danforth. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $799,900 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.
Penthouse level at *Modern Beach Lofts* Situated in the heart of Kingston Village in prime Upper Beach you will find this 1930s movie theatre that has been converted into 26 one-of-a-kind lofts. Penthouse #503 sets itself apart with its 10 foot ceilings, wall-to-wall floor-to-ceiling art deco inspired warehouse windows, polished concrete floors, clever storage options, and an extra-wide living space that emphasizes its oversized windows inviting the tree-lined view. The massive primary retreat offers a HUGE walk-in closet, and your own private ensuite bath. The ideal split bedroom set up offers plenty of privacy with bedrooms at the opposite end, plus a skylight! Finish the tour by stepping outside onto your nearly 200 square foot deep and wide terrace to experience 180 degree unobstructed ravine and cityscape views, with a gas hook up (barbecue included!). Literally across the street to the YMCA + several street car and subway options minutes away. **Plenty of street permit parking with the city available at approx $25/mth**
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Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 952 Kingston Road 503, Toronto E02, ON M4E 1S7
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 $799,900 in Toronto, the legal minimum down payment is $54,990 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 $12,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,473 also applies, bringing the total estimated land transfer taxes to $24,946.
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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.