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 $479,000 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 700-799 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
Welcome to this bright and freshly painted south-facing 1-bedroom, 1-bathroom suite at the prestigious MINTO Plaza, located in one of downtown Toronto's most desirable neighbourhoods. This spacious open-concept unit features new upgraded flooring (2025) . The generous bedroom offers ample closet space and excellent natural light. Enjoy the convenience of in-suite laundry with extra storage.The spa-inspired bathroom includes a Jacuzzi tub(as is), walk-in shower, and elegant marble flooring. The thoughtfully designed living and dining area is ideal for both everyday living and entertaining.Newer Samsung Microwave/Hood, Dishwasher, washer, Dryer (2025), Newer GE Range (2025), Newer quartz kitchen Counter top (2025), Newer light in living room (2025).Premium building amenities include 24-hour concierge, indoor pool, gym, sauna, games and video rooms, and outdoor BBQ patio. Steps to TMU, U of T, Eaton Centre, Yonge-Dundas Square, major hospitals, and the Financial & Entertainment Districts. IKEA and T&T Supermarket across the street, with TTC subway and streetcars just around the corner. Walk Score 100.ALL UTILITIES INCLUDED in maintenance fee. Includes ONE PARKING space and one exclusive locker. Ideal for students, professionals, or investors.1% Reduction if Buyer is shown by Listing agent & then brings successful Offer.Some phots are partially virtual staged.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 38 Elm Street 1006, 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 $479,000 in Toronto, the legal minimum down payment is $23,950 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 $6,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,055 also applies, bringing the total estimated land transfer taxes to $12,110.
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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.
