55A Avenue Road, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey condo apartment located in the coveted neighborhood of Annex. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,899,000 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.
- 2 Bedrooms and 3 Bathrooms
- Generous living space spanning 1400-1599 sqft
- Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient other heating via gas
Description
Discover urban luxury in this stunning two-story condo, perfectly situated in the vibrant heart of Yorkville. Designed with a contemporary yet warm aesthetic, this home is a true gem for an upscale city lifestyle. Spanning two bright and airy floors, each thoughtfully designed to maximize space and natural light. Large windows frame the west-facing view, bathing the interior in afternoon and evening sunshine. The open-concept main floor features clean lines, built-in walnut cabinetry, a fireplace, a modern kitchen with a center island, and a generous powder room. The second floor has a perfect 'work from home' den, leading to two generous bedrooms with the primary featuring incredible built in closet space and an oversized ensuite . A standout feature is the generous terraces on both levels, facing west, and perfect for soaking up the sun, entertaining, or enjoying city sunsets. These terraces extend the interior living areas, providing seamless indoor-outdoor flow and making the condo feel even more spacious. In a dream location, this home offers unparalleled access to some of Toronto's best shopping and dining. Access to Whole Foods and Equinox and all the shops of Yorkville Village without stepping outside.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 55A Avenue Road 405, Toronto C02, ON M5R 3L2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,899,000 in Toronto, the legal minimum down payment is $379,800 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 $34,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $34,455 also applies, bringing the total estimated land transfer taxes to $68,910.
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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.
