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Welcome to this remarkable 2-Storey condo apartment located in the coveted neighborhood of West Hill. Expertly crafted featuring premium brick 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.
Well-maintained two-story townhouse offering excellent flexibility and income potential. The main floor features two bedrooms, a full washroom, in-suite washer/dryer, functional kitchen, and a large open balcony. The self-contained lower level with private entrance includes two bedrooms, a washroom, in-suite washer/dryer, open-concept living area. Additional income from three underground parking spaces rented at $100/month each and one large locker rented at $250/month. Ideal for investors or end-users seeking a mortgage helper while enjoying a spacious primary residence.
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Data-driven valuation for 4064 Lawrence Avenue E #510, Toronto E10, ON M1E 4V6
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 $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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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.