390 Cherry Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C8. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $699,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
ABSOLUTELY PRICED TO SELL TODAY!!FABULOUS TWO Bedroom Two Bath Condo in the Gooderham Building in the Heart of the Distillery District; a pedestrian only area with quaint cobblestone streets, once home to the Gooderham Whisky Distillery. Renown for the chic indie restaurants, bars and boutiques as well as the sculptures, art galleries and local theatres, this is THE PLACE TO LIVE and it is only a few km from the heart of the Financial District. Christmas is on the horizon along with Toronto Christmas Market celebrated annually at your doorstep. Light pours through the Ceiling to Floor Windows in Every room (except the baths!!) of this Large END UNIT (784') Enjoy the Expansive unobstructed City views from the Wrap around porch or look down on the pedestrians ambling through the Distillery District shops. Great Split bedroom floorplan with ample space for separate living and dining areas. Or, add an island for more versatile daily living options. AGGRESSIVELY PRICED TO SELL TODAY! Quick closing so you can be home for the Holidays!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Lake/Pond, Park, Public Transit, Waterfront
Interior Features
None
Security Features
Concierge/Security
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 390 Cherry Street 705, Toronto C08, ON M5A 3L2
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 $699,000 in Toronto, the legal minimum down payment is $44,900 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 $10,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,455 also applies, bringing the total estimated land transfer taxes to $20,910.
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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.
