Welcome to this remarkable Apartment other located in the coveted neighborhood of Leaside. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $749,000 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.
Welcome to SAHIL (Stay At Home In Leaside), built in 1999, this unique boutique building with only 18 suites is a LIFE LEASE (also known as a LIFE TENURE). Buyers must be over 60 years of age and looking for a peaceful living environment. Spacious oversized 1,250 SF with 2 bdrm +1 office/den and 2 full bathrooms. This suite was not just renod, it was gutted in 2013, the popcorn ceilings were replaced with smooth ceilings & Vintage 3/4" engineered hardwood installed thruout. Every surface, fixture, floor and fitting was replaced to a higher standard and to enhance aging-in-place. The kitchen was completely redesigned & opened to the living and dining room. It boasts lots of Quartz counter space, tons of cupboards and a pantry along with a lovely window to your neighbourhood. The main living area is open concept with tons of natural light and ideal for entertaining family & friends. The laundry room includes a full-size washer & dryer with upper shelving. The Primary bdrm boasts a very large double closet and a fabulous 3 PC spa inspired with Quartz counters, a frameless glass walk/roll-in shower stall, wall-mounted shower bench, handheld showerhead & multiple grab bars, every detail considered for your safety. The 2nd bdrm is a good size with a large double-closet. And there's a linen closet too. Stay At Home In Leaside is a short walk to Bayview cafes, restaurants, shops and day to day services with a TTC bus stop conveniently located at the door. NOTE: Land Transfer Tax does not apply to LIFE LEASES which is a substantial savings. LIFE LEASE is home ownership where a corporation owns the apartment units but leases them for the lifetime of the Buyer. Buyers purchase the right to occupy the unit for their lifetime & pay a monthly fee (much lower than condo fees) to the Corporation. Its all about worry-free maintenance. This is not a compromise, you can Stay At Home In Leaside, in the neighbourhood you love, on your own terms.
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Greenbelt/Conservation, Library, Park, Place Of Worship, Public Transit
Carpet Free, On Demand Water Heater
Security System
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Data-driven valuation for 1387 Bayview Avenue 203, Toronto C11, ON M4G 3A5
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 $749,000 in Toronto, the legal minimum down payment is $49,900 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 $11,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,455 also applies, bringing the total estimated land transfer taxes to $22,910.
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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.