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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Tam O'Shanter-Sullivan. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $589,000 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.
RENOVATED PENTHOUSE, 998 sqft, open concept, modern, TOP FLOOR (19). LOW CONDO FEE of $577.33/month INCLUDES EVERYTHING: Electricity, Water, Heating, Cooling, Home Phone, TV, Gigabit Internet (that's almost $450 saved per month on essential services). PARKING: owned and included. UNOBSTRUCTED SUNSETS: West-facing, 180 view of downtown Toronto, balcony, black-out blinds, 3M heat-shield window film. IN-SUITE LAUNDRY: stacked washer/dryer. APPLIANCES: Dishwasher, Fridge/Freezer, Stove/Oven. STORAGE: Overhead + closet, pantry, walk-in closet with custom shelves. SECURE: Cameras on floor + high-security lock on unit door. SOUND INSULATED: 10 thick concrete walls, no upstairs neighbours. PIGEON BARRIER: Keeps balcony free of birds. ACCESS: Hwy 401 <1km, 404/DVP 2km. BUILDING: Gym, party room, sauna, free parking, park + playground. AREA: <1 min walk: transit, <2 min walk: schools, bigger parks, shops, gas stations. Costco (has gas station) ~2km.
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Built-In Oven, Carpet Free, Storage, Upgraded Insulation, Wheelchair Access
Security System
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Data-driven valuation for 270 Palmdale Drive PH02, Toronto E05, ON M1T 3N8
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 $589,000 in Toronto, the legal minimum down payment is $33,900 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 $8,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,255 also applies, bringing the total estimated land transfer taxes to $16,510.
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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.