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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Clanton Park. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $648,800 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.
Modern Luxury Brand New Penthouse Corner Unit in an established neighbourhood. This 661 sq.ft. offer 2 bedrooms & 2 full bath, designed with an artistic layout and wrapped in many large windows that flood the unit with natural lights. Enjoy soaring Ceilings Up To 9.8 feet height, beautiful open concept kitchen combined with living room. Step out onto huge terrace balcony, offering un-obstructed panoramic stunning south view of downtown buildings, and catch a beautiful breathtaking sunset every evening, it's like enjoying a vacation from the comfort home all year around. Located in an ultra convenient location, walking distance to Wilson Subway, TTC, Costco. Quick access to Hwy 401, Allen Road & Hwy 400, making commuting a breeze. Parking space alone valued at $50,000 included, Locker valued at $5,000 included. Don't miss this opportunity to own a modern penthouse in a prime location with incredible views and unbeatable value of $898 per sq.ft. Condo fees included, monthly internet connection, business area in lobby with free wifi, amenities included billiards, kids playroom, coffee Bar & lounges, multi purpose room. *New Condo, Property tax has not been assessed yet**
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Data-driven valuation for 500 Wilson Avenue 1204, Toronto C06, ON M3H 5Y9
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 $648,800 in Toronto, the legal minimum down payment is $39,880 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 $9,451 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,451 also applies, bringing the total estimated land transfer taxes to $18,902.
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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.