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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Kingsway South. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $1,375,000 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.
At 202-40 Old Mill Road, you will experience a spacious, open plan two bedroom 1,400 square foot suite where thoughtful design balances classic elements with contemporary finishes and modern convenience. This exclusive boutique building overlooking the glorious Humber River parklands offers an understated luxury lifestyle in the highly coveted Kingsway neighborhood! Features include: Foyer with two double-door closets, ceiling light, and tile flooring | Living room with a large bay window with shutters, river stone surround fireplace, and hardwood flooring | Open layout connecting the living room to the dining room | Kitchen equipped with granite countertops, cove lighting, and stainless steel appliances | Dining room with glass French doors leading to a covered balcony serene views overlooking the Humber River | Primary bedroom with broadloom carpeting, a large bay window, and ample closet space | En suite bathroom includes a Jacuzzi bathtub, separate shower, and pedestal sink | Second bedroom features hardwood flooring and a bay window | Four-piece bathroom with sink, vanity, and ceiling panel light | Ensuite laundry room | Two underground parking spaces and a locker | Maintenance fee covers everything from building insurance to central air conditioning, and amenities like visitor parking | Walk to the tennis courts, walking and bike trails, Old Mill subway, Bloor West Village and Kingsway shops. Simply move in and enjoy this elegant condominium residence in a park setting. The salmon are jumping!
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Data-driven valuation for 40 Old Mill Road 202, Toronto W08, ON M8X 1G7
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 $1,375,000 in Toronto, the legal minimum down payment is $275,000 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 $23,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $23,975 also applies, bringing the total estimated land transfer taxes to $47,950.
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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.