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Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of Casa Loma. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $688,000 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 Madison Avenue Lofts in the heart of Casa Loma! This 1+1 bed loft offers 740 sq. ft. of open-concept living with 12' ceilings and large south-facing windows providing stunning CN Tower and city skyline views. Features include a modern kitchen with stainless steel appliances including a new Bosch dishwasher, a bedroom with ample closet space and semi-ensuite, a spacious den ideal for an office or guest space, ensuite laundry and a private balcony. This unit also includes everything you need for convenient city living: a dedicated parking space with a private bike rack, plus a locker for extra storage. Even better, the maintenance fees cover water, heat, and Bell Fibre Unlimited Internet and cable TV - an exceptional value of over $200/month. Enjoy top-tier building amenities including a fitness centre, sauna, theatre room, party room, rooftop terrace with BBQs, 24-hour concierge, visitor parking, and a beautifully landscaped courtyard. 4 minute walk to Dupont Station, steps to George Brown College, parks, and the shops and restaurants of The Annex and Yorkville. Just move in and enjoy! Status Certificate, 3D Tour & Floor Plans Available. Offers welcome anytime.
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Carpet Free
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Data-driven valuation for 380 Macpherson Avenue 340, Toronto C02, ON M4V 3E3
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 $688,000 in Toronto, the legal minimum down payment is $43,800 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 $10,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,235 also applies, bringing the total estimated land transfer taxes to $20,470.
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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.