Welcome to this remarkable Apartment store w apt/office located in the coveted neighborhood of North Riverdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,000 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.
Spacious and bright 1-bedroom + den apartment on the second level of a mixed-use building in the heart of the Danforth. The den is large enough to be used as a second bedroom, home office, or guest space. Fantastic location just half a block west of Pape Station and steps to all the amenities of Danforth Avenue.Features a modern kitchen with granite countertops, double stainless-steel sink, fridge and stove, a 4-piece bathroom, ample closet space, and ensuite laundry with washer and dryer. Walk out to a private south-facing terrace measuring approximately 20' x 20'-perfect for outdoor enjoyment.Heat and water are included; tenant pays hydro. No parking and no dishwasher. Excellent walkability with supermarkets, cafés, restaurants, and shops nearby. Starbucks conveniently located across the street.Immediate occupancy available.
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Data-driven valuation for 611 Danforth Avenue Apt 2, Toronto E01, ON M4K 1R2
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 $2,000 in Toronto, the legal minimum down payment is $100 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 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10 also applies, bringing the total estimated land transfer taxes to $20.
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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.