50 Lombard Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $529,000 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 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Incredible Value for this Executive Unit. Nestled just steps from the Financial District where parking spaces come at a premium this 740 sq ft one-bedroom condo offers exceptional value and has been fully renovated from top to bottom. Every inch of this unit has been updated, including a stunning kitchen and a spa-like bathroom that exude modern luxury. It's also one of the few units in the building with its own private balcony. The spacious and South facing living and dining area spans over 28 feet, creating a bright and open atmosphere. Underground parking and a storage locker are included for added convenience. Recently fully renovated and featuring newer high-end laminate flooring, this home is move-in ready. A 10-minute walk takes you to the Financial District, the new Saks store, and St. Lawrence Market. If ample space and fresh updates are what you're looking for, put this condo at the top of your list.
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Public Transit, Park, School, Clear View, Place Of Worship, School Bus Route
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 50 Lombard Street 1903, Toronto C08, ON M5C 2X4
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 $529,000 in Toronto, the legal minimum down payment is $27,900 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 $7,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,055 also applies, bringing the total estimated land transfer taxes to $14,110.
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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.