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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete and other construction, this residence presents an exceptional opportunity offered at $999,800 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.
This exquisitely designed 3 bedroom, 2 bath suite, custom designed by Avissa design has approximately $100K+ in upgrades. This stunning residence features luxurious herringbone hardwood floors, a built-in leather banquette, and a striking exposed brick feature wall. The primary bedroom boasts a spacious walk-in closet, while custom closets with organizers are found throughout. The den, complete with a closet and glass doors, easily makes a third bedroom with natural light.Open-concept living is perfect for entertaining, with custom-designed light fixtures throughout and a gas range. The highly sought-after P1 parking spot is right next to the elevators. Located in the heart of King West, you're steps from the best shops, restaurants, and nightlife the city has to offer. Enjoy a quick stroll to parks, Stackt Market, and The Bentway. Excellent access to public transit, including the new Ontario Line, makes this the perfect city home!
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Data-driven valuation for 399 Adelaide Street W 506, Toronto C01, ON M5V 1S1
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 $999,800 in Toronto, the legal minimum down payment is $74,980 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 $16,471 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,471 also applies, bringing the total estimated land transfer taxes to $32,942.
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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.