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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Casa Loma. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,595,000 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.
A rare and elegant Forest Hill residence located in an exclusive boutique building of only 27 suites, just steps from UCC and Forest Hill Village. Opening to a gracious foyer, this exquisite two-bedroom, two-bathroom split floor plan suite reveals 1,500 square feet of sophistication with a distinct New York vibe. Feeling more like a home than a traditional condo, the expansive living and dining area boasts a wall of windows that bathe the space in natural light. This flows effortlessly out to a generously sized terrace-the perfect backdrop for morning coffee, evening cocktails or entertaining. A custom built in wall unit serves as a striking focal point for the room while offering ample storage. The gourmet kitchen exudes a rich, warm feel, outfitted with quartz countertops, wood floors, abundant cabinetry, Built-in Speakers, and a breakfast bar framed by a lovely picture window. Retreat to the large primary suite, complete with a bespoke built-in entertainment/storage unit, a walk-in closet, custom drapery, blinds, and a lovely four-piece ensuite. The spacious second bedroom includes blackout drapery alongside exceptional storage, highlighted by a comprehensive built-in system and two additional closets. A completely updated three-piece guest bathroom showcases a large, modern walk-in rain shower. Complete with two parking spaces and a spacious private locker room. The building offers a spectacular rear garden to enjoy along with an event room and fitness studio. It is a refined haven for those who appreciate true elegance, perfectly positioned to enjoy the best of this prestigious neighbourhood with a simple stroll to Yonge Street, The Village, UCC and Winston Churchill Park.
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Data-driven valuation for 616 Avenue Road 402, Toronto C02, ON M4V 2K8
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 $1,595,000 in Toronto, the legal minimum down payment is $319,000 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 $28,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,375 also applies, bringing the total estimated land transfer taxes to $56,750.
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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.