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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $488,800 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.
Step into the timeless elegance of The Gallery, a distinguished residence boasting a classic brickwork podium facade, located near Bay, Yonge + College. This inviting unit offers a generous 700 sf of living space, thoughtfully designed to maximize comfort & functionality. As you enter, be greeted by the warmth of laminate floors leading you to an open living area and a spacious solarium bathed in natural light, ideal for an office space or transforming into a cozy second bedroom. The expansive primary bedroom invites relaxation, while the kitchen boasts ample storage and counter space. With maintenance fees covering all utilities, including basic cable TV and building amenities include 24hr concierge, rooftop terrace, gym, sauna and squash court, convenience is paramount. Embrace the unparalleled convenience of city living. Explore the vibrant array of amenities within reach, from the access to TTC subway lines to the bustling energy of the financial district.
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Hospital, Library, Park, Public Transit
Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 25 Grenville Street 705, Toronto C01, ON M4Y 2X5
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 $488,800 in Toronto, the legal minimum down payment is $24,440 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 $6,251 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,251 also applies, bringing the total estimated land transfer taxes to $12,502.
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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.