111 Elizabeth Street, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $479,000 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.
- 1 Bedroom and 2 Bathrooms
- Generous living space spanning 500-599 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Stunning 1 Bedroom/2 Bathroom Suite at One City Hall Condos! This bright and spacious 597 sq ft condo features a functional open-concept layout and a large wraparound balcony offering exceptional outdoor living space. Enjoy an impressive array of building amenities, including a fully equipped fitness centre, indoor pool, jacuzzi, steam room, sauna, rooftop terrace, guest suites, and visitor parking. Longo's grocery store directly downstairs! Situated in the heart of downtown, this unbeatable location boasts a 99 Walk Score and 100 Transit Score, with subway access just steps away. Walk to renowned hospitals including Mount Sinai, Toronto General, and SickKids, as well as Toronto Metropolitan University (TMU) and the University of Toronto. Right next To Toronto City Hall and the Eaton Centre, with world-class dining, cafés, shopping, entertainment, and everyday conveniences right at your doorstep. Experience the very best of downtown Toronto living.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 111 Elizabeth Street 905, Toronto C01, ON M5G 1P7
Based on 0 recent similar sales in the pocket.
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 $479,000 in Toronto, the legal minimum down payment is $23,950 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 $6,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,055 also applies, bringing the total estimated land transfer taxes to $12,110.
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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.
