Welcome to this remarkable Stacked Townhouse condo townhouse located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,000 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.
Welcome to this unique and contemporary 2-bedroom, 2-bathroom townhome in the highly sought-after Lake & Town community by renowned builder Menkes. This upper-level stacked townhome features 9-ft ceilings, a functional open-concept layout, 1 underground parking space, 1 locker, a private balcony, and a spectacular rooftop terrace with unobstructed views. Offering approximately 938 sq. ft. of thoughtfully designed interior living space plus a large private rooftop terrace, this home showcases engineered hardwood flooring, a convenient powder room, spacious living and dining areas, and a modern kitchen complete with quartz countertops, stylish backsplash, stainless steel appliances, double undermount sink, breakfast counter, and ample cabinetry. An exceptional opportunity to own a stylish, like-new townhome at a remarkable value in one of South Etobicoke's most desirable communities. Conveniently located just minutes from Humber College Lakeshore Campus, Lake Ontario, Colonel Samuel Smith Park, Mimico GO Station, Sherway Gardens, IKEA, Costco, restaurants, schools, public library, and countless neighbourhood amenities, with easy access to the Gardiner Expressway, QEW, Highway 427, and downtown Toronto. Perfect for first-time buyers, professionals, downsizers, or investors. This home truly checks all the boxes-don't miss this rare opportunity!
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Data-driven valuation for 5 William Jackson Way 53, Toronto W06, ON M8V 2C7
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About Purchasing a Home in Toronto, ON
For a property listed at $699,000 in Toronto, the legal minimum down payment is $44,900 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 $10,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,455 also applies, bringing the total estimated land transfer taxes to $20,910.
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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.