8 Covington Road, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Englemount-Lawrence. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $715,000 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 forced air heating via gas
Description
Corner Suite at The Encore, Popular Carnegie Model with Split Bedrooms, 1140 Sq. Ft as per Builders Plan!! South View, Steps to Convenient Lawrence Plaza . Kitchen Has Large Window W/Good-Sized Eat-In Area, Large 5 Piece Ensuite Beautiful Entrance with 24/7 Concierge, Outdoor Pool, Large Main Floor Exercise Room, Sauna, Party Room and Guest Suite. Sabbath Elevator, Lots of Underground Visitor Parking, Parking Spot on P1 and Locker Included.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8 Covington Road 604, Toronto C04, ON M6A 3E5
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 $715,000 in Toronto, the legal minimum down payment is $46,500 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 $10,775 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,775 also applies, bringing the total estimated land transfer taxes to $21,550.
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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.
