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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Niagara. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $835,000 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.
Welcome To Your New Home! This Rarely Offered Beautiful 2 Bedroom 2 Bathroom Unit Is One You Will Not Want To Miss. Boasting 759 Sq Ft, There Is No Lack Of Space In This Functional Floor Plan. Tons Of Natural Light Throughout With Wall To Wall Windows In The Whole Unit. 2 Bathrooms, One With A Large Glass Shower And One With A Tub, Perfect For Everyone! A Gorgeously Renovated Kitchen Featuring White Cabinets, Modern Quartz Countertops, and Full Sized Stainless Steel Appliances. Anyone Who Likes To Cook Will Feel Right At Home Here. If You Were Looking For A Unit Where Both Bedrooms Are Good Sizes, Look No Further! Lots Of Storage With Large Closets Throughout The Unit. Everyone Loves A Large Balcony But How About A Terrace With Over An Extra 300 Sq Ft Of Space To Complete That Indoor/Outdoor Living Where You Can Host All Of Your Friends And More. This Unit Also Comes With A Premium Parking Space On P1, 3 Spots Away From The Elevator So You Aren't Wasting Your Time Circling The Parking Garage Coming Up From P4. For Even More Storage, A Large Locker On The Ground Level! The Location Of This Property Is Unmatched; Walking Distance To Absolutely Everything You Want And Need: Grocery (Loblaws, Farm Boy, And Sobeys), Restaurants, Waterfront, Billy Bishop Airport, TTC, Coffee Shops, King West, All Major Sporting Arenas And So Much More. Lastly, A Short Drive To Everything Else And Easy Highway Access Makes This The Perfect Unit For You!
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Library, Marina, Park, Public Transit, Rec./Commun.Centre, School
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Data-driven valuation for 38 Grand Magazine Street 741, 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 $835,000 in Toronto, the legal minimum down payment is $58,500 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 $13,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,175 also applies, bringing the total estimated land transfer taxes to $26,350.
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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.