Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $494,000 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.
Welcome To The Vibrant Community Of Humber Bay Shores, Just Minutes From The Lake. Discover Modern Urban Living In This Stylish One Bedroom, One-Bath Condo. This Bright Sunlit Unit Features An Open Concept Layout With Loads Of Upgrades And Sleek Finishes. A Contemporary Kitchen With Glass Tile Backsplash, Stainless Steel Appliances, A Large Island With Quartz Waterfall Counter, Upgraded Lighting, Custom Made Glass Door To Conceal Washer & Dryer, Living Area Leads To A Large Private Balcony with Amazing Views. The Spacious Bedroom Offers Ample Closet Space, With The Bathroom Boasting Modern Fixtures & Finishes. From Shops, Restaurants, Parks, And Public Transit And All Amenities Amenities Include - Gym, Squash Court, Sauna, Outdoor Swimming Pool & Cabanas, Games-Room, Rooftop Terrace, Business Center, Party Room And Guest Suites, As Well As 24 Hour Concierge. Plenty of Visitor Parking Available. Shows 10++
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Lake/Pond, Marina, Public Transit, Waterfront
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Data-driven valuation for 10 Park Lawn Road 1705, Toronto, ON M8Y 3H8
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 $494,000 in Toronto, the legal minimum down payment is $24,700 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 $6,355 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,355 also applies, bringing the total estimated land transfer taxes to $12,710.
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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.