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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $889,000 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.
This bright 2 Bedroom + Den is one of the most desirable and functional layouts in the building. Enjoy floor-to-ceiling windows in every room, with tons of natural light. This corner unit features a large balcony with 3 access points offering incredible South West views of the CN Tower, Rogers Center, Round house Park and the lake. The spacious living space is perfect for entertaining and everyday living & the kitchen features stainless steel appliances. The large primary bedroom includes a walk-in closet & a 4pc ensuite and the 2nd bedroom comfortably fits a queen bed. The den has floor to ceiling windows and can easily function as a home office or 3rd bedroom. Conveniently located downtown in a well maintained building steps away from the CN Tower, Scotia Arena, Financial District, the waterfront, the PATH, restaurants, grocery stores, and a short walk to Union Station. Amenities include a gym, indoor pool, jacuzzi, sauna, party room, an outdoor terrace with BBQs, guest parking & a 24hr concierge. Locker & Parking Spot included. *For Additional Property Details Click The Brochure Icon Below*
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Data-driven valuation for 51 Lower Simcoe Street 808, Toronto C01, ON M5J 3A2
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 $889,000 in Toronto, the legal minimum down payment is $63,900 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 $14,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,255 also applies, bringing the total estimated land transfer taxes to $28,510.
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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.