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Welcome to this remarkable 1 Storey/Apt 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 $675,000 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 Suite 305 at the Lakehouse! This bright, west-facing, 1-bedroom, 1-bath condo is perfectly situated in the heart of Toronto's Beaches neighbourhood. With a functional open-concept layout, spacious living and dining areas, west-facing balcony, and modern amenities its ideal for both relaxing at home and entertaining. You'll love the unbeatable location - right on Queen Street, with Starbucks downstairs and neighbourhood favourites like Buds Coffee, Book City, and a wide selection of local boutiques, restaurants, and pubs just steps away. The boardwalk and lake are only a short 5 minute walk - the perfect spot to enjoy your morning coffee or take in the sunrise. This unit includes parking, an EV charger, and a large storage locker. A fantastic opportunity to live in one of Toronto's most vibrant and beloved neighbourhoods!
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Beach, Lake Access, Library, Public Transit, Rec./Commun.Centre, School
Built-In Oven, Countertop Range
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1960 Queen Street E 305, Toronto E02, ON M4L 1H8
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 $675,000 in Toronto, the legal minimum down payment is $42,500 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 $9,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,975 also applies, bringing the total estimated land transfer taxes to $19,950.
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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.