185 Stephen Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable 1 Storey/Apt co-op apartment located in the coveted neighborhood of Stonegate-Queensway. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with window unit(s) central cooling and highly efficient radiant heating via gas
Description
Spacious One-Bedroom Suite in Prime Etobicoke Location! Discover this bright and generously sized 1-Bedroom, 1-Bathroom suite in a well-managed and recently refreshed boutique co-op building. Freshly painted and meticulously maintained, this home features a private Kitchen with ceramic flooring and classic white tile backsplash, along with beautifully preserved parquet floors throughout. Enjoy a large Living room with a walk-out to a private balcony perfect for relaxing or entertaining plus a separate Dining area with its own window for added natural light. Dining Room could be used as office den. The updated building hallways add to the fresh and welcoming atmosphere. Nestled against the scenic Humber River trail, you'll enjoy nature at your doorstep while being just minutes from major amenities, the QEW, a short 5-minute bus ride to the Subway, and close to parks, marinas, and shopping. Conveniently located near Downtown Toronto, Pearson International Airport, High Park, and Sunnyside Beach this is truly a commuters and nature lovers dream. This is the location you've been waiting for!
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 185 Stephen Drive 201, Toronto W07, ON M8Y 3N5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $499,000 in Toronto, the legal minimum down payment is $24,950 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 $6,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,455 also applies, bringing the total estimated land transfer taxes to $12,910.
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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.
