20 Meadowglen Place, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Woburn. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $418,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to Suite 629 at ME2 Condos, a beautifully maintained and lightly lived-in residence offering over 550 sq ft of bright, functional living space. This immaculate suite has only been occupied for approximately one year in total and shows like new. The modern open concept kitchen features stainless steel appliances and flows seamlessly into the living room, complete with a walkout to an open balcony and a bright west-facing view that fills the space with natural light.The versatile den can easily be enclosed to create a private bedroom or home office, or left open as a comfortable dining area, making the layout exceptionally flexible. The primary bedroom offers an west view and closet, while the full bathroom includes a tub. Ensuite stacked washer and dryer add everyday convenience.Residents enjoy an impressive list of amenities including 24-hour concierge, ample visitor parking, a fully equipped gym, theatre room, guest suites, and a rooftop patio with outdoor pool and party room. A commercial plaza is located right next door for added convenience. Ideally situated close to Scarborough Town Centre, Highway 401, Centennial College, and the University of Toronto Scarborough campus, this suite is perfect for end users or investors seeking a turnkey opportunity in a well-managed building.
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Pricing & Value Insights
Data-driven valuation for 20 Meadowglen Place 629, Toronto E09, ON M1G 0A9
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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 $418,000 in Toronto, the legal minimum down payment is $20,900 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 $4,835 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,835 also applies, bringing the total estimated land transfer taxes to $9,670.
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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.
