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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of The Beaches. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $849,900 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.
Imagine owning your own penthouse unit, a short stroll to enjoy everything the Beach has to offer - sunrises on the beach, music festivals, restaurants & coffee shops, boardwalk, bike paths, movie theatres, concert venues, parks, parades, transit and so much more. This 2 bedroom 2 bathroom unit has a split bedroom floor plan, each bedroom has a walk in closet. Have a barbecue on your balcony and end a summer day watching the sunset.
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Auto Garage Door Remote, Primary Bedroom - Main Floor, Storage
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1863 Queen Street E 506, Toronto E02, ON M4L 3Y6
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 $849,900 in Toronto, the legal minimum down payment is $59,990 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 $13,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,473 also applies, bringing the total estimated land transfer taxes to $26,946.
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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.