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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Dorset Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $399,990 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.
Attention First-time Home buyers. Come and see this One of the largest 1 bedroom condos in Toronto. This Super Clean and well-maintained building Is Managed Efficiently, and situated in the prime Scarborough location. The Bright, North-Facing Unit Is Away From The Road. It features a huge Living area, a Large size Bedroom, An Eat-In Kitchen, And An open Balcony. The Building Amenities Include An Exercise Room, Billiard Room, Party/Meeting Room, Rec Room, And Laundry. Conveniently Located With Public Transit At Your Doorstep, And Close To Schools, Famous Kennedy Commons Shopping plaza, Highway 401,24-Hour Grocery Stores, and Walmart. And More!
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Data-driven valuation for 2 Glamorgan Avenue 706, Toronto E04, ON M1P 2M8
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 $399,990 in Toronto, the legal minimum down payment is $20,000 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 $4,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,475 also applies, bringing the total estimated land transfer taxes to $8,950.
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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.