8 Rosebank Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Malvern. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $500,000 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 1 Bathroom
- Generous living space spanning 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Bright and spacious 1+1 bedroom unit featuring over 700 sq ft of living space, including an enclosed den large enough to double as a bedroom or office. The open-concept design offers an efficient, no-wasted-space layout. The U-shaped kitchen provides ample countertop space, full-sized appliances, huge granite countertops, and abundant storage - rarely found in condos of this size. The unit includes one underground parking spot, a new range microwave, dishwasher, fresh paint, and updated light fixtures. Located in a well-maintained, quiet building with friendly neighbors and excellent amenities, including a gym, games room, party room, and a beautifully landscaped parklet. Just a short walk to groceries and drug stores, 10 minutes to Scarborough Town Centre, Rouge Urban Park, and the Toronto Zoo, with easy access to Hwy 401 and 407. Steps from the future Sheppard-McCowan Subway Station. Don't miss this rare opportunity - schedule your viewing today!
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8 Rosebank Drive 7i, Toronto E11, ON M1B 5Z3
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 $500,000 in Toronto, the legal minimum down payment is $25,000 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 $6,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,475 also applies, bringing the total estimated land transfer taxes to $12,950.
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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.
