8 Drummond Street, Toronto, ON
Property Highlights
Welcome to this remarkable 3-Storey condo townhouse located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,000 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 3 Bathrooms
- Generous living space spanning 1200-1399 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Bright and spacious end unit 2 bedroom, 3 bathroom home offering over 1,200 sq ft of functional living space in the heart of Mimico. With windows on both sides, the home is filled with natural light throughout the day. The open-concept main floor is designed for comfortable everyday living and easy entertaining, featuring quartz countertops, a generous peninsula, oversized kitchen cupboards, pot lights throughout, and custom California shutters. Step out to a private balcony off the living room for added outdoor space. Upstairs, the spacious primary bedroom includes its own balcony, two generous closets, and an ensuite bath. A well-sized second bedroom, additional full bathroom, and convenient second-floor laundry complete the upper level. Enjoy a large rooftop terrace, perfect for relaxing or hosting guests. Located just steps from the GO Train and TTC, this home offers exceptional convenience with easy access to shops, parks, restaurants, coffee shops, and the waterfront.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8 Drummond Street 402, Toronto W06, ON M8V 1Y8
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 $799,000 in Toronto, the legal minimum down payment is $54,900 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 $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.
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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.
