625 Queen Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $719,900 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 2 Bathrooms
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Stunning Edge Lofts 2 bedroom, 2 washroom, south-east corner suite, large balcony along with a rare and high demand underground parking & locker (directly in front of the parking space). Perfectly situated in Riverside at Queen St E & The Don Valley, just west of Leslieville. This bright and airy unit is on the quiet side of the building. Open concept layout includes 10-ft smooth ceilings with pot lights, polished concrete floors, and floor-to-ceiling windows. The modern kitchen features stone countertops, a glass tile backsplash, stainless steel appliances, an under-mounted sink, and a spacious island with a breakfast bar. Two spacious bedrooms share an ensuite with a deep soaker tub, and the primary includes his & hers closets for optimal storage. A separate powder room, front entry coat closet, and built-in storage solutions add practicality. Enjoy warm summer nights on your large private balcony, ideal for dining or relaxing. Convenient visitor parking. This unit offers unbeatable access to downtown and transit, with the DVP on-ramp right outside, the Queen streetcar along with the upcoming Metrolinx Ontario Line just steps away! Walking distance to The Broadview Hotel, and all the trendy shops & restaurants Queen St E has to offer. Meticulously maintained and freshly painted, just move in and enjoy loft living at its finest!
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Pricing & Value Insights
Data-driven valuation for 625 Queen Street E 503, Toronto E01, ON M4M 1G4
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 $719,900 in Toronto, the legal minimum down payment is $46,990 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 $10,873 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,873 also applies, bringing the total estimated land transfer taxes to $21,746.
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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.
