44 Gerrard Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $799,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1200-1399 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient fan coil heating via gas
Description
Attention! All-Inclusive Maintenance Fee Incredible Value! Water, hydro, gas, cable TV, internet, parking, and locker are all included in the condo maintenance fee. Welcome to this beautifully renovated and spacious 2-bedroom + large solarium condo in the heart of downtown Toronto. With a Walk Score of 98 and Transit Score of 100, enjoy unbeatable convenience and connectivity! Offering over 1,300 sq. ft. of living space, this bright and modern unit features: 2 full bathrooms A primary bedroom with a walk-in closet and a 4-piece ensuite with separate walk-in shower. A large solarium with a stunning view of College Park perfect for a home office or extra living space. One parking space and one locker included. Unbeatable location: Just steps from College Park subway station, grocery stores, restaurants, U of T, Queens Park, hospitals, government offices, and more. Excellent building amenities include: Indoor swimming pool, exercise room, 24-hour concierge, party/meeting room, a landscaped rooftop patio and underground visitor parking. Bonus: The seller has already paid $9,977.9 in 2023 for the fan coil replacement.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 44 Gerrard Street W 704, Toronto C01, ON M5B 1W7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $799,000 in Toronto, the legal minimum down payment is $54,900 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 $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.
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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.
