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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Malvern. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $699,000 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.
Welcome To This Stunning And Absolute Beauty. This Condo Spans 2 Storeys and Contains 3 bedrooms Plus Den With 2 Full Bathrooms, Perfect For A Family With In-Laws Who Can Remain On The Main Floor Without Touching A Step. Enjoy Your Coffee With The Morning Sun On The Large East Facing Balcony. Enjoy Time With Your Family In The Sun Filled Solarium And Family Room Which Is A Step And A Half Away From The Kitchen. Upstairs Houses The Den, The Second Full Bathroom and Two Large Bedrooms. The Neighbourhood Amenities Are Improving With The Scarborough Subway Currently Being Built, Highway 401 Close By, University Of Toronto Scarborough Campus And Centennial College Easy To Get To, Shops, Parks, And Library In The Neighbourhood, This Is The Location To Invest In Right Now. Updated To Move Right In Or Personalize To Your Liking! Do Not Hesitate To See This!
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Data-driven valuation for 5800 Sheppard Avenue E 511, Toronto E11, ON M1B 5J7
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 $699,000 in Toronto, the legal minimum down payment is $44,900 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 $10,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,455 also applies, bringing the total estimated land transfer taxes to $20,910.
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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.