38 Elm Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium concrete 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.
- 1 Bedroom and 2 Bathrooms
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free, Storage Area Lockers
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Luxurious Condo in Minto Plaza in the Heart of Downtown. Large Picasso 809 Sq.Ft. Freshly painted with new floors just for you! Impressive unobstructed view of the Toronto skyline and CN Tower and lots of sun. New appliances(fridge, washer/dryer), Parking & locker. All utilities included in the maintenance fees (heat, hydro, water). Move-in ready, large closets, in-suite large bathroom with Jacuzzi Soaker Tub and separate shower, large open space for dining & entertaining. Concierge & 24-hour security, recreation room, indoor swimming pool, whirlpool, gym and sauna.Walk to U of T, TMU, EatonCentre, Yonge/Dundas Square, TTC, hospital, Financial District, thePATH, shops, entertainment district. (Please note: photos are virtually staged).
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Clear View, Arts Centre, Library, Public Transit, Rec./Commun.Centre
Interior Features
Carpet Free, Storage Area Lockers
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 38 Elm Street 1015, Toronto C01, ON M5G 2K5
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 $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.
