117 Gerrard Street, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $580,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1000-1199 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
Rarely Offered 2+1 Bedroom, 2 Full Bathroom Suite With Parking, Steps From TMU, Boutique TO Condominium, 13 Floor Building Situated At Corner Of Gerrard Street East And Jarvis. Vibrant Downtown Living Experience In Toronto's Sought After Church Street Corridor. Bright, Spacious Living Areas With Medium Sized Windows Provide Ample Natural Light And Unobstructed Vistas In Very Quiet Building. Enclave Kitchen Complements Open Layout. Both Full Bathrooms Have Been Thoughtfully Upgraded, Featuring A Brand New Renovated Bathroom That Adds Modern And Fresh Appeal. Unit Also Boasts Upgraded Flooring Throughout. Included 1 Parking Spot For Convenience. Residents Have Access To Variety Of Amenities Including Fitness Room, Outdoor Patio With BBQ Stations, Outdoor Jacuzzi An Ideal Spot To Unwind, Especially During Colder Months. Visitor Parking Also Available. Location Is Perfect For Those Seeking Lively Downtown Lifestyle. Yonge Dundas Square Is A Short Walk Away, Surrounded By An Array Of Restaurants, Bars, Cultural Attractions. Great Option For Students, Being Close To Toronto Metropolitan University (Formerly Ryerson University), Making It Easy To Live Solo Or Share With Roommates. Proximity To Major Landmarks Like Eaton Centre, St. Michaels Hospital, Offering A Seamless Blend Of Convenience And Urban Excitement.
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Carpet Free
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 117 Gerrard Street E 310, Toronto C08, ON M5B 2L4
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 $580,000 in Toronto, the legal minimum down payment is $33,000 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 $8,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,075 also applies, bringing the total estimated land transfer taxes to $16,150.
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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.
