10 Tobermory Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Black Creek. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $448,800 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Spacious, Affordable, and Full of Potential! An excellent opportunity for first-time buyers and savvy investors. This 2-bedroom unit offers great space and layout with ceramic flooring in the living/dining areas and laminate in the bedrooms no carpet throughout. Enjoy fresh paint, new baseboards, a large balcony, ensuite locker, and in-unit laundry, plus shared laundry on every floor for added convenience. With all utilities included and low maintenance, this unit is a smart choice for long-term living or rental income. Located near transit options, schools, and shopping, it provides excellent value and accessibility. ***Please note: Photos are virtually staged***
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Pricing & Value Insights
Data-driven valuation for 10 Tobermory Drive 1011, Toronto W05, ON M3N 2Y5
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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 $448,800 in Toronto, the legal minimum down payment is $22,440 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 $5,451 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $5,451 also applies, bringing the total estimated land transfer taxes to $10,902.
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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.
