Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $493,500 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 this Prestigious And Sophisticated Condo At "Nautilus At Waterview" In Etobicoke's Most Desirable Waterfront Communities. Functional 1Bed 1Bath. Wide Open Concept Living/Dining Area And An Oversized 295 SqF Terrace, Perfect For Entertaining, Enjoy Your Morning Coffee Or Evening Sunsets. Unit Boosts 9Ft Ceilings And Floor To Ceiling Windows. Modern Renovated Kitchen With Quartz Countertop & Elegant White Cabinets; Newer Appliances, New Pot Lights & Light Fixtures And Freshly Painted. Unit Comes With 1 Locker And 1 Parking. Building 5 Star Amenities Includes: 24hr Concierge, Gym, Party Room, Guest Suites, BBQ Area, Indoor Pool, Sauna, Direct Access To Supermarket And Much More! Steps To Lake, Humber Bay Shores, Hiking/Biking Trails, Shopping, Cafes, Restaurants & Retail. Easy Access To QEW/Gardiner And TTC Transit At Your Door Steps. Perfect For First-Time Buyers, Downsizers Or Investors. A Seamless Fusion Of Style And Urban Convenience Awaits!
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Data-driven valuation for 16 Brookers Lane 1205, Toronto W06, ON M8V 0A5
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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 $493,500 in Toronto, the legal minimum down payment is $24,675 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 $6,345 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,345 also applies, bringing the total estimated land transfer taxes to $12,690.
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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.