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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mount Olive-Silverstone-Jamestown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $549,000 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.
Spacious and Sun-Filled 2-Bedroom, 2-Bathroom Unit with Parking in a Well-Managed Building. This newly renovated unit features stylish laminate flooring throughout and has been freshly painted from top to bottom. Enjoy a modern kitchen equipped with stainless steel appliances, new cabinetry, and brand-new light fixtures. Both bathrooms have been tastefully updated, and the generously sized bedrooms offer plenty of natural light. The primary bedroom includes a 4-piece ensuite for added comfort. Open-concept living and dining area create an airy space perfect for relaxing or entertaining. Low property taxes and maintenance fees make this an attractive choice for both end-users and investors. Amenities include a gym, indoor pool, sauna, squash court, party room, visitor parking, and 24-hour security. Ideally located steps to the TTC, and just minutes from major highways, York University, Humber & Seneca College, shopping, dining, parks, and the upcoming Finch West LRT station.
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Data-driven valuation for 41 Markbrook Lane 1402, Toronto W10, ON M9V 5E6
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 $549,000 in Toronto, the legal minimum down payment is $29,900 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 $7,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,455 also applies, bringing the total estimated land transfer taxes to $14,910.
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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.