Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Forest Hill South. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $674,000 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 Suite 701, a light-filled corner home with southwest exposure, an incredible wraparound terrace, and a lifestyle that's hard to find in condo living. From the moment you step inside, you're greeted by natural light pouring through floor-to-ceiling windows and a thoughtfully designed floor plan that makes every square foot count. The open-concept living and dining spaces flow seamlessly together and both offer direct access to the expansive terrace, creating the perfect balance between indoor comfort and outdoor living. The updated kitchen features quartz countertops, a breakfast bar, stainless steel appliances, and plenty of storage for those who love to cook and entertain. The true showstopper? The wraparound terrace. Rarely found in condo living, this remarkable outdoor space extends your living area beyond the walls of the home, creating the perfect setting for morning coffee, summer dinners, container gardening, or simply taking in the city skyline and sunset views. With 2 inviting bedrooms, including one with stunning unobstructed views of the CN Tower, ensuite laundry, owned parking, owned locker, and access to exceptional building amenities including a concierge, indoor pool, gym, sauna, party room, and visitor parking, this suite offers an exceptional lifestyle opportunity. Located in the heart of St. Clair West, you're just steps from Wychwood Barns, neighbourhood cafés, restaurants, parks, and all the charm that makes this community one of Toronto's most sought-after pockets. With the St. Clair streetcar at your doorstep and St. Clair West subway station just minutes away, commuting across the city couldn't be easier. A great condo is hard to find. A great condo with a terrace like this? Even harder.
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Hospital, Public Transit, Place Of Worship, Park
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This could be the first listing for this address.
Data-driven valuation for 500 St Clair Avenue W 701, Toronto, ON M6C 1A8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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 $674,000 in Toronto, the legal minimum down payment is $42,400 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 $9,955 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,955 also applies, bringing the total estimated land transfer taxes to $19,910.
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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.