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 concrete construction, this residence presents an exceptional opportunity offered at $423,000 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 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
One bedroom + den with parking!! Over 700+ sqft of functional living space at $423K, great downtown "VALUE" per sqft. Maintenance fees includes all utilities, Fiber Internet & cable TV bundle preferred package with all sports and entertainment movie channels, etc. Bright spacious open concept layout with large living area and large primary bedrooms easily fit king-size bed. Ample sized den can serve as a great 2nd bedroom or home office, or nursery, etc. + ensuite laundry. Well sunlit and spacious condo facing west exposure with unobstructed breathtaking sunrise skyline city views. Ideal for the first time home buyer, health care professional, young professional, enjoying comfort value and prime downtown location. 24 hour concierge, guest parking, pet friendly environment with private gated pet parkette, 24 hour security guard offers peace of mind, fitness center, party room, billiards/games room, spectacular panoramic 360 rooftop garden gazebo features outdoor jacuzzi and summer BBQs, private his/her sauna with shower. Vibrant city living, steps to everything: major grocery stores Loblaws, No Frills, Metro, T&T supermarket, elementary school, public transit/subway, ethnicity restaurants, major hospitals Mt Sinai, Toronto General, St Michael's, Financial districts, TMU/U of T, Eaton Center. Extremely convenient location with 98 walk score! 99 transit score! 97 bike score! Downtown lifestyle at its finest.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, School, Hospital, Public Transit, Library, Rec./Commun.Centre
Interior Features
Other
Security Features
Security Guard, Carbon Monoxide Detectors, Smoke Detector, Security System, Concierge/Security
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 117 Gerrard Street E 613, 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 $423,000 in Toronto, the legal minimum down payment is $21,150 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 $4,935 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,935 also applies, bringing the total estimated land transfer taxes to $9,870.
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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.
