Welcome to this remarkable commercial retail located in the coveted neighborhood of Clanton Park. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $795,000 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.
Suitable for a wide array of commercial uses; office, retail and showroom Commercial units at base of newly built by Collecdev, Nordic Condos features 589 condominium units and 12 storeys. 500 Wilson is a minute walk to Wilson Subway station, making it accessible from anywhere in the city. It is also located next to Allen Road and just north of the 401 Expressway. Just over 2,000 units are already occupied in this area and there are an additional 2,713 units.
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Data-driven valuation for 500 Wilson Avenue 32, 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 $795,000 in Toronto, the legal minimum down payment is $54,500 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 $12,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,375 also applies, bringing the total estimated land transfer taxes to $24,750.
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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.