Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mount Olive-Silverstone-Jamestown. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $399,999 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.
Bright and spacious 1+Den, 2-bathroom condo featuring an excellent floor plan and desirable southwest exposure. $$$ spent on major renovations and updates, including new kitchen cabinetry, new kitchen counter, new kitchen flooring, updated hardwood flooring throughout the living, dining, and den areas, stainless steel appliances, and professionally painted throughout. open-concept living, dining, and den space is filled with natural light from large windows, creating a bright and inviting atmosphere ideal for everyday living or working from home. Spacious primary bedroom with a 6-piece ensuite. Well-managed building with excellent amenities including an indoor pool, fitness room, squash court, and 12-hour security. Conveniently located close to transit, highways, shopping, schools, and parks. A fantastic opportunity to own a large, move-in ready unit with many major updates already completed.
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Data-driven valuation for 41 Markbrook Lane 1711, Toronto, 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 $399,999 in Toronto, the legal minimum down payment is $20,000 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 $4,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,475 also applies, bringing the total estimated land transfer taxes to $8,950.
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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.