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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Woodbine-Lumsden. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $550,000 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.
A hidden gem, just 3 minute walk to Woodbine Subway and Danforth Ave. Generously-apportioned 2 bedroom 2 level unit, almost 1000 Sq. Ft. of living space, two significant storage rooms, one in main foyer and one in upstairs hallway. Sunny east facing huge balcony. The main floor features a living, dining area, galley kitchen with stainless steel appliances and ample closet and storage space. This lucky find offers excellent value. With only 48 units, mostly owner occupied, the building offers quiet calmness. The upper level features spacious bedrooms and ample storage area and full bath. Master bedroom includes an expansive walk-in closet. This East York oasis feels like a home... ...make it yours!
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Data-driven valuation for 1071 Woodbine Avenue 210, Toronto E03, ON M4C 4C2
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 $550,000 in Toronto, the legal minimum down payment is $30,000 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 $7,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,475 also applies, bringing the total estimated land transfer taxes to $14,950.
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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.