5 Concorde Place, Toronto, ON
Property Highlights
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 $629,999 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Storage Area Lockers
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to Suite 2502 at 5 Concorde Place, a bright and spacious home offering the perfect blend of comfort, flexibility, and convenience. Ideal for first-time buyers, young couples, growing families, and downsizers, this thoughtfully designed 2-bedroom, 2-bathroom suite features generous principal rooms and a versatile layout that adapts to your lifestyle. The sun-filled den/solarium can easily function as a second bedroom, home office, nursery, or guest space, while the expansive living and dining areas provide plenty of room to relax or entertain. Conveniently located with quick access to the DVP, TTC, shopping, dining, parks, and trails, this home offers exceptional value in a well-established community. Tastefully updated throughout, the suite features a modern kitchen renovated in 2018 with granite countertops and pot lights, newer laminate flooring (2018), and two renovated bathrooms (2017) complete with glass-enclosed showers. The spacious primary bedroom includes his-and-hers closets and a private 3-piece ensuite. A walk-in laundry room provides ample in suite storage, and the package is completed with one parking space and one locker. Move-in ready and offering over 1,000 sq. ft. of functional living space, this is condo living without compromise.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5 Concorde Place 2502, Toronto, ON M3C 3M8
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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 $629,999 in Toronto, the legal minimum down payment is $38,000 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 $9,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,075 also applies, bringing the total estimated land transfer taxes to $18,150.
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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.