Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium insulbrick construction, this residence presents an exceptional opportunity offered at $1,199,000 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.
There are penthouses with terraces. And then there is this. PH03 at 77 Lombard delivers what the downtown market rarely produces: a 629 sq ft private corner terrace with sweeping 180 southwest views over St. James Park and the Toronto skyline. Framed by two custom pergolas-one for dining, one for lounging beneath a louvred adjustable roof-this outdoor space is equipped with water and electricity, with BBQs permitted. Morning coffee over the park, evenings watching the city lights come alive: this is not a balcony, it is an extension of the home and a destination in its own right. Taken to bare concrete in 2015 and reimagined with over $250,000 in custom upgrades. The open concept main floor features 8' ceilings, porcelain tile, and a chef's kitchen centred on a Caesarstone island with integrated Miele appliances-fridge, freezer, cooktop, convection microwave, hood vent-plus a Bosch dishwasher and built-in wine fridge. A metal spiral staircase leads to a loft-inspired upper level with soaring 9'11" ceilings and floor-to ceiling windows. Both levels connect directly to private outdoor space. The primary suite offers south-facing floor-to-ceiling windows, balcony access, and a beautifully appointed ensuite. A versatile second bedroom, currently a custom dressing room, adapts easily to changing needs. Maintenance fees are all-inclusive-electricity, water, heating, A/C. Zero special assessments, strong reserve fund, and newly renovated lobby, corridors, and party room. Includes one parking space and two storage lockers. Steps to the Financial District, St. Lawrence Market, the Distillery District, Eaton Centre, Union Station, and the Island Ferry, with Scotiabank Arena, Rogers Centre, and major theatres nearby. Furnishings available separately-a rare turnkey opportunity. For those who understand the difference between outdoor space and outdoor living, this is the one.
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Arts Centre, Clear View, Hospital, Lake/Pond, Library, Park
Auto Garage Door Remote, Bar Fridge, Built-In Oven, Countertop Range, Primary Bedroom - Main Floor, Storage Area Lockers
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Data-driven valuation for 77 Lombard Street PH3, Toronto C08, ON M5C 3E1
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 $1,199,000 in Toronto, the legal minimum down payment is $239,800 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 $20,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,455 also applies, bringing the total estimated land transfer taxes to $40,910.
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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.