Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C8. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $649,000 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.
Sugar Wharf, by Menkes, is a luxury condo in Waterfront Community. This 1 bedroom plus spacious den with 2 full baths gives you relax enjoyment and building is located with easy access to downtown offices and entertainment. Exclusive use of Locker comes with this unit which is a rare find. Steps from Transit, Supermarket, Shopping, Dining and different Entertainment. A nice size 110 sq ft open balcony gives you a good northerly view in perfect height level. Unit is currently with tenant and photos of the unit are provided for reference only. Buyer and/or buyer agent to verify all measurements.
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Data-driven valuation for 138 Downes Street 4302, Toronto, ON M5E 0E4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $649,000 in Toronto, the legal minimum down payment is $39,900 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 $9,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,455 also applies, bringing the total estimated land transfer taxes to $18,910.
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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.