200 Victoria Street, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $409,888 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 0-499 sqft
- 0.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Location! Location! Location!Own a prime investment condo in the heart of Downtown Toronto! This 478 sq ft bright and luxurious studio suite features a sleek Euro-style kitchen and modern finishes, located in the prestigious Pantages Hotel and Spa. An exceptional opportunity for short-term rentals generating top-dollar income, ideal for temporary corporate stays, business travelers, young professionals, and international students seeking the ultimate downtown lifestyle. Perfectly positioned directly across from Yonge-Dundas Square and the CF Toronto Eaton Centre, and just minutes to Toronto City Hall, Moss Park, University of Toronto, Toronto Metropolitan University, major hospitals, top-rated restaurants, the Financial District, and Queen Street shopping. TTC subway access is just steps away - offering unmatched connectivity and convenience. Live it. Lease it. Profit from it. A true turnkey downtown income property with strong rental demand year-round.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 200 Victoria Street 1506, Toronto C08, ON M5B 1V8
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 $409,888 in Toronto, the legal minimum down payment is $20,494 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 $4,673 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,673 also applies, bringing the total estimated land transfer taxes to $9,346.
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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.
