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 $399,000 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 1 Bathroom
- Generous living space spanning 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Light, Space & Location - Your Downtown Opportunity Awaits. If you've been searching for the right mix of space, location and value in Toronto's condo market - this is it. Perfectly positioned in a vibrant, walkable neighbourhood, this suite offers the comfort of a well-designed layout and the opportunity to add your own personal style over time. What You'll Love: Generous living and dining areas that can easily be tailored to suit your lifestyle. Bright & Airy - Large windows bring in plenty of natural light and overlook the building's beautifully maintained rooftop deck. Move-In Ready - Well-maintained and ready for you to enjoy immediately, with the potential to modernize at your own pace. Storage & Convenience - Ample closet space and in-suite laundry for everyday ease. Step outside and you're moments from trendy cafes, shops, restaurants, and everyday essentials. The subway is just a short walk away, making it simple to connect to the entire city. And when you want a quiet escape, enjoy the peaceful greenery and seating areas on the building's rooftop deck. Whether you're a first-time buyer, investor, or downsizer, this a a smart move - and the perfect chance to make your mark in one of Toronto's most connected neighbourhoods.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 38 Elm Street 410, 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 $399,000 in Toronto, the legal minimum down payment is $19,950 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 $4,460 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,460 also applies, bringing the total estimated land transfer taxes to $8,920.
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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.
