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 $489,999 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 20 Meadowglen Place - a bright and spacious 2-bedroom plus den condo offering exceptional value in one of Scarborough's fastest-growing communities. Featuring a functional open-concept layout, large windows and a 72 sqft balcony that flood the space with natural light, and upgraded kitchen, washroom, and flooring finishes throughout, this unit is ideal for both end-users and investors alike.Conveniently located just minutes from Highway 401, public transit, University of Toronto Scarborough, Centennial College, shopping, parks, and a variety of local restaurants and amenities, this location is perfectly suited for students, professionals, and families.Competitively priced with excellent rental potential, this is a fantastic opportunity to own a versatile property in a high-demand area. Whether you're searching for a place to call home or a strong investment opportunity, this unit checks all the boxes.
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Carpet Free, Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 20 Meadowglen Place 522, Toronto E09, ON M1H 2Y5
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 $489,999 in Toronto, the legal minimum down payment is $24,500 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 $6,275 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,275 also applies, bringing the total estimated land transfer taxes to $12,550.
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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.