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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Tam O'Shanter-Sullivan. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $375,000 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.
Enjoy unobstructed West-facing views in this bright and spacious One-Bedroom apartment, Freshly Painted with neutral colors, featuring a functional open-concept layout. Step out onto a large private balcony, perfect for relaxing or entertaining. Conveniently located with TTC at your doorstep and just one bus ride away from Warden and Don Mills subway stations. Situated in a highly sought-after area, with easy access to major highways (401, DVP, 404, 407), shopping malls, restaurants, and more. The building offers incredibly low maintenance fees that include all utilities and Roger's cable TV, along with exceptionally low property taxes. Ample visitor parking is available, and an ensuite locker room .The floor plan is both practical and spacious, making the most of every inch. This well-maintained, quiet, and well-managed building is truly a hidden gem.
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Data-driven valuation for 40 Bay Mills Boulevard 701, Toronto E05, ON M1T 3P5
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 $375,000 in Toronto, the legal minimum down payment is $18,750 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 $4,100 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,100 also applies, bringing the total estimated land transfer taxes to $8,200.
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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.