1 Hycrest Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Willowdale East. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $870,000 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 1600-1799 sqft
- 2.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Nestled at the corner of Bayview and Sheppard in Toronto's charming Bayview Village neighbourhood, One Hycrest Avenue is a boutique 10-storey, 69 suite building, completed in 1996. A well loved urban gem, it offers a perfect blend of suburban tranquility and urban convenience. This spacious three-bedroom corner suite has an abundance of natural light from multiple exposures and large windows. It comes with two parking spots, generous closets and a layout that feels more like a house than a condo- ideal for families or professionals desiring that extra space. Amenities such as a gym, sauna, exercise room and visitor parking, as well as a welcoming lobby enhance daily comfort. Steps to the subway, Bayview Village, North York General Hospital, YMCA and the 401.
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Primary Bedroom - Main Floor
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Pricing & Value Insights
Data-driven valuation for 1 Hycrest Avenue 401, Toronto C14, ON M2N 6V8
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 $870,000 in Toronto, the legal minimum down payment is $62,000 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 $13,875 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,875 also applies, bringing the total estimated land transfer taxes to $27,750.
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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.
