Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Willowridge-Martingrove-Richview. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,900 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.
Welcome to Unit 208 at 5 Richgrove Drive, Minto Richgrove Village - a private stacked townhome offering one dedicated parking space and modern, low-maintenance living. This bright and spacious 2-bedroom, 1005 sq. ft. LEED-certified, energy-efficient home features a well-designed open-concept layout with 9 ft ceilings, large windows, elegant laminate flooring, and a convenient main-floor powder room.Step out onto the generous private terrace, perfect for outdoor relaxation and BBQ use (as permitted). The contemporary kitchen is equipped with stainless steel appliances, upgraded under-cabinet lighting, and sleek modern finishes. The upper level offers two well-sized bedrooms with upgraded Berber broadloom and wall-to-wall closets. The primary bedroom includes a 4-piece ensuite and direct access to a second private terrace, adding extra comfort and privacy. Ideally located just minutes from Highways 401, 427, and 27, and approximately 6 km from Toronto Pearson International Airport. Close to Centennial Park, public transit, schools, Metro grocery, and other essential amenities, this home offers exceptional convenience in a highly desirable community.
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Data-driven valuation for 5 Richgrove Drive E 208, Toronto, ON M9R 0A3
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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 $2,900 in Toronto, the legal minimum down payment is $145 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 $15 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15 also applies, bringing the total estimated land transfer taxes to $29.
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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.