Welcome to this remarkable Apartment leasehold condo located in the coveted neighborhood of Milliken. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $488,000 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.
Experience independent living at its finest in this vibrant 55+ life lease community at Mon Sheong Court. This bright and meticulously maintained 840-sq-ft suite is move-in ready, featuring a versatile 1-bedroom plus den and solarium layout with two full bathrooms. Freshly painted, new renovated throughout with a kitchen boasting stainless steel appliances, a brand-new cooktop, and ample storage. An open-concept living and dining area offers clear, unobstructed west-facing views. Includes a private den with sliding doors-ideal for a home office-and a peaceful, sun-filled solarium. The primary suite features an ensuite with a large walk-in shower, built-in seating, and safety grab bars. Stay active and social with an incredible array of on-site amenities, including a gym, library, hair salon, pharmacy, and dedicated rooms for karaoke, mahjong, and table tennis. Residents enjoy a packed social calendar featuring Tai Chi, dance classes, and daily morning coffee.
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Wheelchair Access, Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2020 Mcnicoll Avenue 221, 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 $488,000 in Toronto, the legal minimum down payment is $24,400 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 $6,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,235 also applies, bringing the total estimated land transfer taxes to $12,470.
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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.