2 Ridelle Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Forest Hill North. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $299,000 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
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Storage
- Efficient radiant heating via gas
Description
Welcome to this beautifully renovated one-bedroom condo in the highly sought-after Forest Hill North/Upper Village neighbourhood- an exceptional opportunity for a turnkey purchase. Thoughtfully renovated with clean finishes and a functional layout, this unit offers generous living space, making it ideal for comfortable city living. The open concept design maximizes natural light, while the spacious bedroom provides a quiet retreat. The new kitchen and new bathroom offer modern convenience, and still leaves room for your personal touch. Ideally located just steps away from a bus stop, LRT and subway connections. Close to top schools, parks, Beltline trail, local restaurants/shops of Eglinton - this is your chance to own a home in the coveted family-friendly Forest Hill North/Upper Village neighbourhood. Note: Laundry Room is on the same floor as the unit, and the buyer can add a laundry ensuite if preferred (buyer to verify). This is a no-pet and no-smoking building.
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Pricing & Value Insights
Data-driven valuation for 2 Ridelle Avenue 404, Toronto C04, ON M6B 1H4
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 $299,000 in Toronto, the legal minimum down payment is $14,950 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 $2,960 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $2,960 also applies, bringing the total estimated land transfer taxes to $5,920.
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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.
