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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bayview Woods-Steeles. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $470,000 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.
Calling All First-Time Home Buyers, Investors & Downsizers! Enjoy an amazing lifestyle in the highly sought-after Bayview Woods-Steeles community. This spacious 1+1 unit features a balcony, a generously sized bedroom, and a versatile den that can be used as a home office. Open kitchen with stainless steel appliances. Bright, airy, and spacious unit - nothing to do but move in, or close and start collecting rent cheques. Surrounded by grocery stores, shops, and restaurants. Easy access to transit, Highways 407, 404, and 401. Located in a park heaven with four parks nearby. Includes one underground parking space and one locker. Building amenities include a gym, party room, and community BBQ. Endless possibilities and great potential.
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Carpet Free, Separate Hydro Meter
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This could be the first listing for this address.
Data-driven valuation for 17 Ruddington Drive 705, Toronto C15, ON M2K 0A8
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 $470,000 in Toronto, the legal minimum down payment is $23,500 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 $5,875 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $5,875 also applies, bringing the total estimated land transfer taxes to $11,750.
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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.