Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of North St. James Town. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $499,000 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.
Experience contemporary urban living in this brand new 625 SQ 1+1 bedroom Plus Balcony, 1 bathroom suite at Burke Condos, perfectly situated at Bloor Street East and Sherbourne Street. Just steps from the subway, this bright and beautifully designed home features with large windows that fill the space with natural light and showcase lovely views. The efficient open-concept layout maximizes every square foot with no wasted space. The versatile den is ideal as a second bedroom, home office, or study. Enjoy premium finishes throughout, including smooth ceilings, a modern chef-inspired kitchen with quartz countertops, marble-pattern backsplash, and sleek contemporary cabinetry. Residents enjoy outstanding amenities, including 24-hour concierge and security, a stylish café lounge, secure parcel storage, a fully equipped fitness centre, yoga and spin studios, and an impressive co-working hub featuring three meeting rooms and two boardrooms-perfect for remote work or business meetings. Entertain in the elegant party room with a wet bar, chef's kitchen, private dining room, and a spacious outdoor terrace complete with BBQs and comfortable lounge seating. Additional amenities include music, theatre, games, multipurpose and children's rooms, as well as beautifully landscaped north and south outdoor terraces with fireplaces, dining areas, and relaxing lounge spaces. Note: Furniture shown in photos is virtually staged and is not included in the sale. Property Tax is not assessed yet
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Data-driven valuation for 609 Sherbourne Street 2801, Toronto, ON M4X 0A4
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 $499,000 in Toronto, the legal minimum down payment is $24,950 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 $6,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,455 also applies, bringing the total estimated land transfer taxes to $12,910.
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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.