Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Stonegate-Queensway. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $499,950 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 Queensway Park Condos at 7 Smith Cres, a well-managed 9-storey low-rise residence in the heart of South Etobicoke, offering a quieter and more private living environment, surrounded by parks and everyday conveniences.This bright south-facing suite features 10-foot ceilings, floor-to-ceiling windows, and a highly efficient open-concept layout that maximizes space for living, dining, working from home, and entertaining. Extensive upgrades and high-end finishes throughout are complemented by a rare walk-in closet, ample in-suite storage, and custom built-in blinds for added privacy.Enjoy outdoor living on a large open balcony with nice open view. Residents have access to excellent amenities including gym, concierge, visitor parking, party room, hobby room, dog wash station, kids' playroom, and more.Steps to transit, walk to Costco, parks, and shops, with quick access to GO Station, Gardiner Expressway, and Highway 427, and an easy bike ride to Humber Bay Park and the waterfront. Located in a family-friendly neighbourhood with access to established schools and community facilities.A rare opportunity for quality condo living in Etobicoke.
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Data-driven valuation for 7 Smith Crescent 518, Toronto W07, ON M8Z 0G3
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 $499,950 in Toronto, the legal minimum down payment is $24,998 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 $6,474 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,474 also applies, bringing the total estimated land transfer taxes to $12,948.
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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.