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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $399,999 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.
Welcome to unit 242 at 28 Eastern Avenue-Rare Terrace Walk-up in Prime Downtown Toronto. Experience the best of Urban Living in this upgraded studio suite located in the heart of Toronto's vibrant Corktown community. Just steps away form the Distillery District, St Lawrence Market, and a wide array of cafes, restaurants, shops and schools, this suite is perfectly positioned for those who crave both convenience and culture. What makes this unit stand out? Unique walk-up access to your own private terrace-enjoy rare outdoor space that feels like an extension of your home. Upgraded open concept layout-a dividing wall has been professionally removed to maximize space &and light. Modern finishes and appliances throughout, including an upgraded kitchen island for additional storage and dining. High walkability-easily access work, transit , and entertainment with a Transit Score of 100 and Walk Score to match. Low-maintenance lifestyle in a well-managed building that's ideal for end users and investors. Whether you're looking for your first home, a Toronto peid-a-terre, or an income-generating property., Unit 242 offers tremendous value and versatility. Your downtown lifestyle begins her-where comfort meets connectivity.
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This could be the first listing for this address.
Data-driven valuation for 28 Eastern Avenue 242, Toronto C08, ON M5A 1H5
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 $399,999 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.