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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Niagara. Expertly crafted featuring premium concrete and other construction, this residence presents an exceptional opportunity offered at $559,000 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.
Discover this 1-bedroom condo with breathtaking views of Lake Ontario and the city skyline. Multiple walkouts to a spacious balcony allow you to enjoy serene sunsets and vibrant cityscapes. The kitchen features modern tiles, granite countertops, and a stainless steel double-door fridge. Located in the York Harbour Club, this condo offers exceptional amenities, including an outdoor pool lounge, BBQ area, and more. Just steps from the waterfront, transit, and key downtown attractions, this residence blends city convenience with resort-style living. Its an ideal investment, with parking, a locker, and ample storage, making it perfect for long-term ownership! **EXTRAS** All Exiting Fridge, Stove, Dishwasher, Washer & Dryer, Existing Window Cover, Elf
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Data-driven valuation for 38 Grand Magazine Street 1843, Toronto C01, ON M5V 0B1
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 $559,000 in Toronto, the legal minimum down payment is $30,900 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 $7,655 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,655 also applies, bringing the total estimated land transfer taxes to $15,310.
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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.