116 George Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $615,000 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 1 Bathroom
- Generous living space spanning 500-599 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover Downtown Living at Its Best: A Smartly Designed 1-Bedroom Oasis with No Wasted Space and a Private East-Facing Balcony!Welcome to this inviting 1-bedroom, 1-bathroom condo located in the vibrant St. Lawrence Market neighbourhood. This unit features an incredibly functional layout with no wasted square footage, maximizing both comfort and usability. The open-concept living and dining areas are bright and airy, with floor-to-ceiling windows that provide plenty of natural light and access to a private east-facing balcony perfect for enjoying a morning coffee or unwinding after a long day.The kitchen is well-equipped with stainless steel appliances and ample cabinetry, designed to make the most of the space for cooking and entertaining. The bedroom comfortably fits a queen-size bed and offers large windows that fill the room with natural light, creating a warm and relaxing atmosphere. The bathroom includes a modern vanity and open shelving, providing both style and practical storage solutions.Additional conveniences include in-suite laundry and a welcoming foyer. The building is ideally located just steps from the St. Lawrence Market, public transit, shops, and dining options, offering the best of downtown living.This move-in-ready unit is perfect for those seeking a thoughtfully designed home in a prime downtown location.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Park, Public Transit
Interior Features
Carpet Free, Primary Bedroom - Main Floor
Security Features
Concierge/Security, Security System
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 116 George Street 702, Toronto C08, ON M8V 2S4
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 $615,000 in Toronto, the legal minimum down payment is $36,500 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 $8,775 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,775 also applies, bringing the total estimated land transfer taxes to $17,550.
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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.
