70 Melbourne Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of South Parkdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,399 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.
- 0 Bedrooms and 1 Bathroom
- Generous living space spanning < 700 sqft
- Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: Other
- Efficient radiant heating via gas
Description
This cozy bachelor apartment in the heart of Parkdale offers the perfect blend of comfort and convenience. Featuring a functional layout, the apartment includes a modern kitchen with sleek appliances, laminate floors, and a spacious closet for storage. Located just steps from trendy cafes, restaurants, and public transit, this unit is ideal for those who want to experience the best of city living. Perfect for professionals or students looking for a stylish, low-maintenance home in a prime location.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 70 Melbourne Avenue 105, Toronto W01, ON M6K 1K7
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 $1,399 in Toronto, the legal minimum down payment is $70 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 $7 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7 also applies, bringing the total estimated land transfer taxes to $14.
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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.
