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 $528,000 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 life lease community designed for residents aged 55+. This immaculate 1-Bedroom+Den, 2-Bathroom suite has been lovingly maintained and is move-in ready. Freshly painted and thoughtfully updated, the suite features smooth ceilings, modern lighting, and laminate flooring. Offering approximately 1,000-sf and a generous open-concept layout, this may be one of the best floor plans in the building. The kitchen features new cabinet doors, a brand new cooktop, and a water purifier (reverse osmosis system). The generously sized living room offers plenty of space and a walk-out to a private balcony with clear north-east views. The primary bedroom includes a walk-in closet and ensuite bath with a walk-in shower, built-in seat, and grab bars for convenience and peace of mind. A 3-piece bath is ideal when guests visit. The den features a custom built-in desk and wardrobe, and works well as a home office and guest room. Residents enjoy a wide range of amenities, including a fitness room, table tennis room, mahjong and card room, karaoke room, library, lounge, cafeteria, hair salon, and pharmacy. Regular activities like morning coffee, Tai Chi, dance classes, and bingo make it easy to stay active and connected. Mon Sheong Court offers 24-hour security, a monitored emergency medical alert system in the bedroom and bathroom, grocery shuttle service, meal delivery options, and nursing home application if needed. Located at Kennedy and Midland, you're steps from TTC bus stops with north-south and east-west service. Across the street, L'Amoreaux North Park offers walking/biking trails, a pond, tennis courts, and picnic tables. Enjoy easy access to Pacific Mall, numerous grocery stores, a variety of restaurants, shopping, and everyday conveniences. Management fees of $1,243 include property taxes, internet, cable TV, and all utilities (heat, hydro, water, and air conditioning). A welcoming community where you can stay active, connected, and supported.
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Clear View, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Carpet Free, Primary Bedroom - Main Floor, Storage Area Lockers, Water Purifier
Security Guard, Concierge/Security
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2020 McNicoll Avenue 701, 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 $528,000 in Toronto, the legal minimum down payment is $27,800 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 $7,035 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,035 also applies, bringing the total estimated land transfer taxes to $14,070.
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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.