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Welcome to this remarkable Apartment leasehold condo located in the coveted neighborhood of Milliken. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $595,000 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.
Welcome to Scarborough Mon Sheong Court Life Lease Private Residence Conveniently Located at Kennedy and McNicoll, this Well-Maintained 840 sq ft Suite is Ideal for Senior Living, it Offers a Functional Layout with a Bright South-Facing View, The Spacious Interior Features Large Picture Windows in the Living Room, One Bedroom, a Den, a Solarium, and Two 3-Piece Bathrooms, New Quartz Kitchen Countertop in the Open Kitchen , The Large Primary Bedroom is Combined with the Solarium and Includes a Private 3-Piece Ensuite Bathroom, Separate Den withSliding Glass Doors, Recently Updated and Freshly Painted, Shows Well and in Immaculate Condition, and is Move-in Ready, Excellent Amenities to Promote Wellness and Social Engagement, TTC Bus Stop is Right at the Front, and the Asia Foodmart and Carefirst are just Nearby.
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Data-driven valuation for 2020 McNicoll Avenue 515, Toronto E07, ON M1V 0B5
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 $595,000 in Toronto, the legal minimum down payment is $34,500 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 $8,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,375 also applies, bringing the total estimated land transfer taxes to $16,750.
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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.