71 Old Mill Road, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey condo apartment located in the coveted neighborhood of Kingsway South. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $874,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient heat pump heating via electric
Description
Major Price adjustment . Open House Sat/Sun 9th/10th 2pm/4pm . Welcome to the prestigious Old Mill area and a rare listing in this outstanding area . A wonderful two storey home which features a balcony on both levels with open views. Large windows on both levels allows lots of natural light to brighten this home. Both Levels have a walk out to a balcony, and the Living Room Balcony has Wooden Slat tiles. The area is famous for the Old Mill restaurant, Humber river ,walking trails and so much more. The fireplace adds a nice homey touch for those cold winter nights. Fabulous location , featuring the Old Mill subway , Bloor street and all its wonderful shops and restaurants. Parking and Visitor parking is included. A great opportunity to live and explore this area of the Old Mill. This home represents outstanding value .
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 71 Old Mill Road 310, Toronto W08, ON M8X 1G9
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 $874,000 in Toronto, the legal minimum down payment is $62,400 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 $13,955 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,955 also applies, bringing the total estimated land transfer taxes to $27,910.
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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.
