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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $498,000 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.
With all essentials within easy walking distance, this discrete downtown condo delivers exceptional value! Its uniquely generous square footage (925s.f.) provides sizeable living and dining areas, two entry closets, a full galley kitchen, a large ensuite locker / pantry, and both bedrooms with closets and exterior windows. Underground parking and ground floor interior bike storage are included, along with gym, sauna and multi-machine coin laundry on main floor. A superintendent brings a personal and reassuring presence to the building. Steps to TMU campus, Eaton Centre, St Michael's Hospital, Massey Hall, Allen Gardens, Church Street, among other downtown landmarks, the location is incredible! According to Walk Score, it is a walker, rider and biker's paradise with an average score of 99/100! There's a Metro grocery store steps away, a Rabba and Tim Hortons next door, a Starbucks across the street. Freshly painted and with brand new flooring throughout, suite 804 is move-in ready. Don't miss this incredible opportunity to experience urban living at its best!n Rare financing opportunity - Seller willing to offer a Vendor Take-Back (VTB) mortgage to qualified purchasers at 2%. Contact listing agent for details.
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Carpet Free
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Data-driven valuation for 250 Jarvis Street 804, Toronto C08, ON M5B 2L2
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 $498,000 in Toronto, the legal minimum down payment is $24,900 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 $6,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,435 also applies, bringing the total estimated land transfer taxes to $12,870.
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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.