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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $528,000 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.
Bright And Spacious 1 Bedroom 2 Washroom Unit(598 Sqft) With 1 Parking Located In The Heart Of Toronto - One City Hall, Open Concept ,Functional Layout ,Stainless Steel Kitchen Appliances and Back Splash, Large Balcony Allows For Extra Useable Space During Warmer Months. 24 Hr Concierge, Indoor Pool, Gym On 1st & 3rd Floors, Party Room, Underground Visitor Parking. Short Walks To All Amenities: Subway Stations, Eaton Centre, U Of T, Ryerson U, City Hall, Dundas Square, Business & Financial Districts, Hospitals, Grocery & Restaurants.
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Data-driven valuation for 111 Elizabeth Street E 705, Toronto C01, ON M5G 1P7
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 $528,000 in Toronto, the legal minimum down payment is $27,800 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 $7,035 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,035 also applies, bringing the total estimated land transfer taxes to $14,070.
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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.