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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $660,000 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.
Bright and spacious 2 Bed + Den with 2 Bath, boasting 755 sq ft of indoor space plus a 118 sq ft balcony. This beautifully designed 4-year-old unit features a functional open-concept layout with 9' ceilings, floor-to-ceiling windows, and a walk-in closet in the primary bedroom. The modern kitchen comes equipped with high-end stainless steel appliances. Conveniently located in the heart of downtown Toronto, this condo offers easy access to TTC Subway, Yonge/Dundas Square, Eaton Center, TMU, U of T, and major hospitals, all within walking distance. Amenities include: basketball court, gym, outdoor lounges barbecue stations, bar area & multimedia room **EXTRAS** Being sold under Power of Sale. The property, including all fixtures and appliances, is being sold in 'as is & where is' condition.
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Data-driven valuation for 20 Edward Street 510, Toronto C01, ON M5G 0C5
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 $660,000 in Toronto, the legal minimum down payment is $41,000 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 $9,675 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,675 also applies, bringing the total estimated land transfer taxes to $19,350.
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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.