50 Power Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $550,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to Unit 815 at 50 Power Street - a beautifully upgraded one-bedroom plus den with parking and locker in the sought-after Home Condos in the heart of Corktown. Offering 609 square feet of thoughtfully designed interior space plus a 97 square foot full-length northwest-facing balcony, this perfectly planned suite combines style, function, and comfort. Extensively upgraded from the builder, the home features sleek lacquered kitchen cabinetry, upgraded bathroom tiling, custom closet organizers, and enhanced lighting throughout. Modern matte black fixtures add a contemporary edge, while a rare full-length entry closet provides exceptional additional storage - a standout feature not typically found in newer condos.The spacious den offers incredible versatility - ideal for a dedicated work-from-home office and large enough to accommodate guests when needed. Floor-to-ceiling windows invite natural light, while the west-facing balcony showcases clear city views and stunning sunsets - the perfect setting for evening cocktails and relaxing at the end of the day. Residents of Home Condos enjoy top-tier amenities including a 24-hour concierge, fully equipped gym, outdoor rooftop pool, and yoga/pilates studio. This dog-friendly building is perfectly positioned with a dog park directly across the street - well-lit for evening strolls. Experience the very best of Corktown living just steps to the vibrant restaurants along King Street East, the renowned Distillery District, and the city's celebrated design district - all with quick and easy transit access into the financial core
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Pricing & Value Insights
Data-driven valuation for 50 Power Street 815, Toronto C08, ON M5A 0V3
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 $550,000 in Toronto, the legal minimum down payment is $30,000 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 $7,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,475 also applies, bringing the total estimated land transfer taxes to $14,950.
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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.
