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Welcome to this remarkable Apartment leasehold condo located in the coveted neighborhood of Milliken. Expertly crafted featuring premium concrete and brick construction, this residence presents an exceptional opportunity offered at $450,000 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 Mon Sheong Court, A Warm And Supportive Life Lease Community For Independent Adults Aged 55+!This Bright And Spacious 1 Bedroom + Den Suite Features A Versatile Den With Sliding Door, Large Enough For Use As A Second Bedroom Or Private Office, And 1.5 Bathrooms. The Primary Bedroom Offers A 3-Piece Ensuite, Double Closet, And A Large Window With A Clear View. Freshly Painted Throughout, The Unit Includes Excellent Storage, A Large Ensuite Laundry Room, 1 Parking Space, And 1 Large Locker.Maintenance Fees Include Heat, Hydro, Water, A/C, Internet, Cable TV, And Property Taxes, Offering Excellent Value And Predictable Monthly Costs. Safety Features Include A 24/7 Monitored Emergency Medical Alert System In The Bedroom And Bathroom, Plus A Bathroom Safety Grab Bar.Residents Enjoy An Active Lifestyle With Extensive Amenities And Activities, Including A Dining Hall, Mahjong/Card Room, Ping Pong, Karaoke, Gym, Library, On-Site Pharmacy And Medical Clinic, Hair Salon, Meal Delivery Service, And A Shuttle Bus To Grocery And Shopping.An Excellent Opportunity To Enjoy A Secure, Well-Managed, Community-Focused Lifestyle In A Highly Regarded Seniors' Residence.
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Carpet Free
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Data-driven valuation for 2020 McNicoll Avenue 303, 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 $450,000 in Toronto, the legal minimum down payment is $22,500 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 $5,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $5,475 also applies, bringing the total estimated land transfer taxes to $10,950.
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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.