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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 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.
**whole unit Freshly Painted **Rarely Available Luxury Murano Condos North Tower, Prime Bay/College Location, Amazing Unit, Bright North City Views, One Bedroom One Bath Functional Layout, Large Floor to Ceiling Windows, Spacious Balcony, Well Maintained. Excellent Facilities: Indoor Pool, Exercise Room, Rooftop Patio BBQ, 24Hrs Concierge, Visitor Parking. 99 Walk Score, Walk To Subway TTC, Close to the Financial District, U of T, Ryerson, Eaton Centre, and Yorkville, Dining and Hospital.
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Data-driven valuation for 37 Grosvenor Street 306, Toronto C01, ON M4Y 3G5
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.