116 George Street, Unit 5, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $765,000 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.
- 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
Welcome to this stunning 2-bedroom suite in the award-winning Vu Condominiums, where modern style meets exceptional downtown living. This bright and inviting unit features 10-foot ceilings, large windows that fill the space with natural light, and a private walk-out balcony-perfect for enjoying your morning coffee or unwinding at the end of the day. Thoughtfully updated throughout, the unit underwent extensive renovations in 2022, including a beautifully renovated kitchen, updated flooring, removal of the popcorn ceilings, and refreshed bathroom finishes with new floor tiles and bathtub surround tiles. Custom-built closets provide excellent storage and organization throughout the home. The parking space is slightly larger than a standard parking spot and comes complete with a private EV charger dedicated exclusively to this parking space-a fantastic feature for EV owners. Residents enjoy premium amenities, including a 24-hour concierge, fully equipped fitness centre, and a rooftop terrace with BBQs and lounge areas. Ideally located just steps from St. Lawrence Market, the Distillery District, George Brown College, TTC, hospitals, parks, restaurants, and the downtown core, with easy access to major highways.A beautifully updated, move-in-ready home offering style, convenience, and exceptional downtown living in one of Toronto's sought-after condominium communities.
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Property Summary
This condo apartment located at 116 George Street, Toronto is currently for sale and has been available on SousaSells for 0 days. This property is listed at $765,000 with an estimated mortgage of $2,546* per month. It has 2 beds, 1 bathroom, and is 800-899 square feet. 116 George Street, Toronto is in the Moss Park neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Moss Park, Toronto.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •800-899 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Public Transit
- Park
Interior Features
- Carpet Free
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 116 George Street, Unit 5, Toronto, ON
Q.What is the asking price for 116 George Street, Unit 5, Toronto, ON ?
The current listing price for 116 George Street, Unit 5, Toronto, ON in Moss Park, Toronto is $765,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 800-899 sqft.
Q.What property type and architectural style is 116 George Street, Unit 5, Toronto, ON ?
116 George Street, Unit 5, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What key property features does 116 George Street, Unit 5, Toronto, ON offer?
Key property features include: Public Transit, Park.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 116 George Street N505, Toronto, ON M5A 3S2
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 $765,000 in Toronto, the legal minimum down payment is $51,500 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 $11,775 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,775 also applies, bringing the total estimated land transfer taxes to $23,550.
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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.