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Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $408,000 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.
Stylish 1-bedroom suite offering modern urban living in one of Toronto's most desirable downtown communities. Ideally located at Front St E & Sherbourne, just steps to the Distillery District, St. Lawrence Market, TTC, Waterfront trails, shops, cafes, and top dining. This functional layout features a bright east exposure, private balcony, open-concept living/dining area, and a sleek modern kitchen with built-in appliances. Spacious bedroom with ample storage and a contemporary 3-piece bath completes this well-designed space. Enjoy resort-inspired amenities including an outdoor pool, outdoor terrace with city views, outdoor BBQ/dining areas, state-of-the-art gym, yoga studio, games room, elegant party lounge, co-working spaces, 24/7 concierge, and much more. Perfect for first-time buyers, downsizers, or investors seeking strong value in a high-demand location. Move-in ready and designed for both comfort and convenience.
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Hospital, Library, Park, Public Transit, School
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Data-driven valuation for 70 Princess Street 1005, Toronto C08, ON M5A 0X6
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 $408,000 in Toronto, the legal minimum down payment is $20,400 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 $4,635 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,635 also applies, bringing the total estimated land transfer taxes to $9,270.
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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.