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 $498,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 600-699 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 forced air heating via gas
Description
Rare Opportunity to Own a Beautifully Renovated Condo with *PARKING* in One of Downtown Toronto's Most Vibrant & Convenient Locations! This Cozy & Functional 1 Bedroom + Open Concept Solarium Suite Offers an Exceptional Blend of Comfort, Style & Urban Convenience. Thoughtfully Upgraded Featuring Modern Vinyl Flooring Throughout, Stylish Pot Lights in the Bedroom, Spacious Open Living & Dining Area, and a Versatile Solarium Perfect for a Home Office, Reading Nook or Additional Living Space. Contemporary Open Kitchen Complete with Stainless Steel Appliances & Stone Countertops. Renovated Bathroom with Modern Finishes Adds Additional Comfort & Appeal. All-Inclusive Maintenance Fees Cover Hydro, Water, Heat & Cooling, Rogers Cable & Internet* for Truly Hassle-Free Living. Excellent Downtown Toronto Just Steps to TMU, University of Toronto, Major Hospitals, Eaton Centre, College Subway Station, TTC, Restaurants, Cafes, Grocery Stores & Everyday Essentials. Enjoy Easy Access to the Financial District, Yonge-Dundas Square, Entertainment District & Endless City Amenities. Ideal for Professionals, First-Time Buyers, Students or Investors Seeking Outstanding Rental Demand & Unmatched Downtown Lifestyle.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 44 Gerrard Street W 1507, Toronto C01, ON M5G 2K2
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 $498,000 in Toronto, the legal minimum down payment is $24,900 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 $6,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,435 also applies, bringing the total estimated land transfer taxes to $12,870.
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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.
