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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 $555,000 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.
Bright & Beautifully Renovated Corner Suite In The Highly Desirable Markham Place Community! This Spacious 2 Bedroom, 1 Bathroom Unit Offers A Functional Split-Bedroom Layout With Abundant Natural Light And Stunning Unobstructed Views From The Large Private Balcony Overlooking Green Space & Courtyard. Freshly Painted, Upgraded LED Lighting, California Shutters & Modern Finishes Throughout.Modern Kitchen Features Quartz/Granite Counters, Upgraded Cabinetry, Designer Backsplash, New Kitchen Lighting & Brand-New LG Stainless Steel Appliances. Spacious Primary Bedroom Includes Large closet. Both Bedrooms Feature New Closet Doors. Bathrooms Updated With New Vanity, New Toilet & Potlights. Includes Ensuite Laundry With New LG Washer & Dryer, Underground Parking & Excellent Building Amenities.Well-Managed Building Offers 24 Hr Concierge, Gym, Party/Media Room, Guest Suites, BBQ Area, Visitor Parking & More. Exceptional Location Steps To TTC, Minutes To Hwy 401, GO Station, Scarborough Town Centre, Centennial College & University of Toronto Scarborough. Close To Schools, Parks, Restaurants & Shopping. Perfect Opportunity For First-Time Buyers, Investors Or Downsizers Seeking Style, Convenience & Value In A High-Demand Community!
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Data-driven valuation for 8 Rosebank Drive 2J, Toronto E11, ON M1X 1V4
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 $555,000 in Toronto, the legal minimum down payment is $30,500 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 $7,575 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,575 also applies, bringing the total estimated land transfer taxes to $15,150.
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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.