25 Neighbourhood Lane, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Stonegate-Queensway. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,900 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 2.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with other central cooling and highly efficient forced air heating via gas
Description
PRICE INCLUDES 2 PARKING SPACES AND 2 LOCKER UNITS. Welcome to the desirable "Queensview - Backyard Condos. Enjoy the sleek look of laminate floors and the durability of Caesar stone countertops in the chef's kitchen, equipped with stainless steel appliances, valance lighting, and a beautiful backsplash, both functional and aesthetically pleasing. The generous den offers flexibility for a home office, studio, or additional lounge space. Residents enjoy access to an array of premium amenities, including a cutting-edge fitness centre, kids play room, full-time concierge,pet spa and 24-hour security. A true blend of contemporary comfort and urban convenience in one of the city's most desirable communities. Total Living Space Is 650 Sq.Ft (589 Sq.Ft. Indoor + 61 Sq.Ft. Balcony). Vendor to consider providing a first mortgage for up to 3 years, fully open, at 3.95% interest on an interest only basis, or 25 year amortization period, at the purchasers choosing.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 25 Neighbourhood Lane 205, Toronto W07, ON M8Y 0C4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $499,900 in Toronto, the legal minimum down payment is $24,995 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 $6,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,473 also applies, bringing the total estimated land transfer taxes to $12,946.
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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.
