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Welcome to this remarkable 2-Storey condo apartment located in the coveted neighborhood of Kensington-Chinatown. Expertly crafted featuring premium brick and metal/steel siding construction, this residence presents an exceptional opportunity offered at $899,500 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.
Welcome to Sq2, an elegant condominium in the masterplan community by award-winning builder, Tridel. Located in the highly sought after Kensington neighbourhood, this condo is the perfect blend of luxury living and prime location. The unit is a massive 1,050 sq ft 2-storey condo that boasts high-end finishes, a modern sleek kitchen, top of the line appliances, 2 large bedrooms and 2.5 luxurious baths. Enjoy hotel-style amenities that this upscale condo has to offer such as the modern gym, rooftop party room and terrace, courtyard and 24hr concierge for security and convenience. Steps away from the Art Gallery of Ontario, Kensington Market, Toronto's business district, hundreds of restaurants, bars and shops, it is the place to live if you want to enjoy all the city has to offer but be in a tucked away quiet spot to retreat when you want to go home. Great as an investment or to call home!
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Data-driven valuation for 80 Vanauley Street 120, Toronto C01, ON M5T 0C9
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 $899,500 in Toronto, the legal minimum down payment is $64,950 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 $14,465 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,465 also applies, bringing the total estimated land transfer taxes to $28,930.
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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.