500 Avenue Road, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Casa Loma. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,995,000 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.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 1800-1999 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to Suite 807 at 500 Avenue Road, a beautifully maintained, light-filled corner suite in one of Toronto's most sought-after midtown addresses. With unobstructed west views over Forest Hill, and south views of the city skyline, including the CN Tower, this residence offers an exceptional blend of space, comfort, and location. Offering over 1,800 square feet of bright living space, this suite features three oversized bedrooms, three full bathrooms, and an intelligent split-bedroom layout, providing privacy and flexibility. Each bedroom is generously sized with ample closet space, offering endless potential to customize to your needs. The spacious kitchen includes abundant cabinetry, full-sized appliances, extensive counter space, and a built-in pantry. The spacious living and dining areas are ideal for entertaining, with expansive windows that capture the sun all day. Enjoy the spectacular views from your private, covered balcony. This suite has been lovingly cared for and is in impeccable condition. Highlights include hardwood floors throughout, in-suite laundry, one parking space, and a storage locker. Located in a well-managed building just steps from top schools, parks, transit, and the high-end shops and restaurants at Avenue and St Clair and Yonge and St Clair. With wonderful concierges and valet parking, this is a rare opportunity to own a luxurious turnkey home in a prime location.
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Pricing & Value Insights
Data-driven valuation for 500 Avenue Road 807, Toronto C02, ON M4V 2J6
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 $1,995,000 in Toronto, the legal minimum down payment is $399,000 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 $36,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $36,375 also applies, bringing the total estimated land transfer taxes to $72,750.
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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.
