Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $479,000 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 spacious 593 sq. ft one-bedroom apartment in downtown Toronto offers an exceptional living experience, with generous room sizes that set it apart from other one-bedroom units in the area. The oversized bedroom can easily accommodate two queen-size beds, along with additional furniture, making it perfect for those who need extra space or plan to share with a roommate. The living room is equally expansive, offering a comfortable space for relaxing or entertaining.The apartment benefits from a desirable south-facing exposure, providing natural light and picturesque views of the downtown skyline. Its location places you within walking distance to key Toronto landmarks such as Yonge Street, Yorkville, Bloor Street, Wellesley Station, and the University of Toronto. Whether you're a professional working downtown or a student at one of the nearby universities, this apartment offers an ideal base for urban living.Convenience is key heresteps away from public transit, including Wellesley Station, you have easy access to all the city's amenities. The bustling Eaton Centre is just a short walk away, and you're also close to major shopping districts, including the high-end boutiques of Yorkville. With top-tier hospitals, such as the University Health Network, close by, as well as numerous dining, shopping, and entertainment options along Yonge Street and beyond, this apartment is well-connected to everything that makes downtown Toronto one of the most dynamic places to live.Whether you're looking for a quiet home base or a place to experience all the excitement that the city has to offer, this apartment provides both comfort and convenience. The proximity to cultural landmarks like the Royal Ontario Museum, world-class theaters, and lively nightlife means you'll always have something to do. Plus, the regular festivals and events throughout the year foster a vibrant sense of community. Locker is on the same level as the unit. First 6 Photos are virtually staged.
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Place Of Worship, Park, Library, Public Transit, School, Hospital
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This could be the first listing for this address.
Data-driven valuation for 555 Yonge Street 406, Toronto, ON M4Y 3A6
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 $479,000 in Toronto, the legal minimum down payment is $23,950 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 $6,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,055 also applies, bringing the total estimated land transfer taxes to $12,110.
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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.