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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Newtonbrook East. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $750,000 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.
Open House: 12-3pm, Sun, Sep 8. Six Reasons to Buy1. Luxurious and New Unit:This 730-square-foot unit, built in 2024, features 2 bedrooms, 1 den, 2 bathrooms, 1 parking space, and 1 locker. Recently closed and occupied, the unit is brand new and offers a luxurious living experience.2. True 2-Bedroom Layout with Versatile Den:The unit has a genuine 2-bedroom layout with solid walls and an additional den. The master bedroom includes an ensuite bathroom, while the den can fit a single or double bed, making it a practical mini 3-bedroom option. The second bathroom is easily accessible from both the second bedroom and living area.3. Prime Location and Feng Shui:Located on the 15th floor, this unit offers a southeast-facing 120-square-foot balcony with a clear view. Positioned away from the elevator and garbage disposal area but close enough for convenience, the unit is at an optimal height, ensuring unblocked sunlight and no fear of heights. Parking and storage are conveniently located near the elevators. The unit is equipped with high-quality, quiet, and energy-efficient appliances: Fulgor Milano(1949) for kitchen appliances, Electrolux(1919) for laundry, Kohler(1873) for the toilet, and an Omega Plus heat pump.4. Unique, Modern Building in North York:This building is the southernmost in the M2M complex, newly constructed in 2024, surrounded by older buildings. With no future development concerns, it offers a stable environment without the noise or obstruction from ongoing construction.5. Extensive Amenities:Future an H Mart on the ground floor, a landscaped courtyard, yoga studio, two-story fitness center, saunas, a movie theatre, games room, outdoor BBQ lounge, indoor party rooms, guest suites, and an infinity pool.6. Excellent Location in North York:At Yonge/Finch, just a 3-minute walk to the TTC Finch Subway Station and GO Bus terminal, with schools, parks, shopping centers, and restaurants nearby, offering exceptional convenience for residents.
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Data-driven valuation for 8 Olympic Gdn Drive S1506, Toronto C14, ON M2M 0B9
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 $750,000 in Toronto, the legal minimum down payment is $50,000 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 $11,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,475 also applies, bringing the total estimated land transfer taxes to $22,950.
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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.