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Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Islington-City Centre West. Expertly crafted featuring premium brick front and concrete construction, this residence presents an exceptional opportunity offered at $545,000 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.
Truly a rare find at Park Terraces. This 2 bedroom, 2 full bathroom corner unit with wrap around balcony (including a gas line for your BBQ and a water line for your plants too!) Ideal layout with maximum natural light from the multiple windows of this corner suite! Upgraded finish package includes integrated appliances, kitchen island, custom remote Hunter Douglas blinds, newly installed washer/ dryer pair and upgraded lighting throughout. Ensuite bedroom has a sizeable walk in closet as well as a separate den space located away from main living area. In addition, you'll love all this boutique building has to offer. Full service amenities including 24 hr Conceirge, outdoor pool, play area for the kids, gym, party room, sauna, library and more! Direct access to Hwy 427, 401 and Gardiner Expressway. Convenient shuttle to subway at your door! Internet included in condo fees.
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Public Transit, School, Rec./Commun.Centre, Place Of Worship
Carpet Free, Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 10 Gibbs Road 409, Toronto W08, ON M9B 0E2
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 $545,000 in Toronto, the legal minimum down payment is $29,500 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 $7,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,375 also applies, bringing the total estimated land transfer taxes to $14,750.
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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.