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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $1,048,000 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 Karma Condo, located in the heart of downtown. This corner unit features 9' smooth ceilings and the best layout, with 2 ensuite bathrooms. Enjoy unblocked sunny views from the living area, which measures 729 sq. ft., plus a 107 sq. ft. balcony, combining to 836 sq. ft. Close to all Toronto landmarks: the subway, major hospitals, Bay Street's financial and government offices, University of Toronto, and Ryerson University. Enjoy Yonge Street shopping, major restaurants, and the Eaton Centre. Amenities include hotel-style features, a party room, 24/7 concierge, fitness center, steam room, spa-inspired facilities, and a huge balcony.
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Clear View, Hospital, Level, Public Transit, Rec./Commun.Centre
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This could be the first listing for this address.
Data-driven valuation for 15 Grenville Street 4808, Toronto C01, ON M4Y 1A1
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 $1,048,000 in Toronto, the legal minimum down payment is $209,600 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 $17,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,435 also applies, bringing the total estimated land transfer taxes to $34,870.
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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.