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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,000 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.
5 Reasons Why You Will Love This Condo: 1) Rare ground-floor opportunity in Toronto's sought-after Humber Bay waterfront community. This freshly painted, open-concept condo features 2 bedrooms, 2 bathrooms, 2 parking spaces, and 1 locker-a rare combination in this prime Lakeshore Boulevard location. 2) Enjoy the convenience of dual access, including a secondary private entrance with direct access to the parking area, plus a spacious walkout patio that offers privacy and the feel of a bungalow. Hardwood flooring runs throughout the unit, while the kitchen features granite countertops and premium wood cabinetry that opens seamlessly into the living and dining areas. 3) The generous primary bedroom includes large windows, a walk-in closet and a 4-piece ensuite. Additional highlights include a brand-new washer and dryer and excellent storage. 4) Residents enjoy full access to the Malibu Club with resort-style amenities including an indoor pool, fitness centre, tennis and squash courts, billiards, a party room and an outdoor terrace overlooking the marina. 5) Steps to the lake and walking distance to the restaurants, cafés, shops and parks of Humber Bay. Easy access to transit, major highways and St. Joseph's Health Centre.
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Data-driven valuation for 2261 Lake Shore Boulevard W 110, Toronto W06, ON M8V 3X1
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 $799,000 in Toronto, the legal minimum down payment is $54,900 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 $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.
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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.