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 concrete poured and other construction, this residence presents an exceptional opportunity offered at $399,000 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 0-499 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient fan coil heating via gas
Description
The Distillery District is arguably Toronto's most desirable neighborhood, offering unmatched value and appreciation that outshines other locations in the city. With all amenities conveniently located within walking distance, this spacious condo unit provides everything you desire. It features a bright and airy layout, boasting a generous design with 9-foot ceilings and a bedroom that faces the exterior, complete with a large closet and ample windows. The living area is functional, ideal for your L-shaped sofa, television, and dining table with chairs, creating an inviting space for relaxation and entertainment. An expansive balcony offers unobstructed views that make your morning coffee or evening sunsets a truly blissful experience. Welcome to Gooderham Condos, where your new home awaits!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Clear View, Public Transit, Rec./Commun.Centre, School, Park
Interior Features
Carpet Free
Security Features
Concierge/Security, Smoke Detector
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 1503, Toronto C08, ON M5A 0E2
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 $399,000 in Toronto, the legal minimum down payment is $19,950 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 $4,460 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,460 also applies, bringing the total estimated land transfer taxes to $8,920.
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City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C8, Toronto.
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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.
