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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Eglinton East. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $400,000 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.
Stunning, bright, and spacious 1 Bedroom plus Den (great for home office, kid's bedroom) located at Rainbow Village. This unit is Overlooking the gardens/park. Featuring sleek laminate flooring and freshly painted throughout. Steps away from TTC, subway, and GO station, and within close proximity to schools, restaurants, and community centers. Future Eglinton Crosstown LRT Building amenities include an indoor swimming pool, sauna, fully equipped fitness room, children's playground, rainbow village day care, squash and basketball courts, a party room, and 24-hour gated security. Low maintenance fee includes heat, water, hydro** all in!
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Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2466 Eglinton Avenue E 807, Toronto E08, ON M1K 5J8
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 $400,000 in Toronto, the legal minimum down payment is $20,000 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 $4,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,475 also applies, bringing the total estimated land transfer taxes to $8,950.
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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.