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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Banbury-Don Mills. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $515,000 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.
This bright and spacious 644 sq. ft. corner suite offers a modern and updated living space with stunning northeast ravine views and afternoon sun. The one-bedroom plus den condo features a renovated galley kitchen with new cabinets, granite counters, and stainless steel appliances. The open-concept living room includes a separate area perfect for an office, while the king-sized bedroom boasts updated closet doors. The updated 4-piece bathroom offers a new vanity and tub-surround. Laminate floors flow throughout the unit, and a solarium with floor-to-ceiling windows provides an ideal space for dining, an office, or a den. Enjoy the convenience of ensuite laundry with a full-size washer and dryer. Custom zebra blinds add a stylish touch. The building offers fantastic amenities including an indoor pool, gym, car wash, guest suites. tennis courts and more. Located in the heart of midtown Toronto with easy access to the Don Valley. The condo truly has everything you need to fall in Love!
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Data-driven valuation for 5 Concorde Place 1609, Toronto C13, ON M3C 3M8
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 $515,000 in Toronto, the legal minimum down payment is $26,500 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 $6,775 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,775 also applies, bringing the total estimated land transfer taxes to $13,550.
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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.