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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bendale. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $689,000 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.
Attention Investors & Homeowners! Luxurious Tridel Spacious 2 Bdrm + Den Corner Suite with Huge Locker Room and Two Parking Spots. Owner upgrades all appliance and floor. Low maintenance fees cover water. Beautiful Unobstructed Panoramic View on High Floor, Sun-Filled Unit W/ Floor To Ceiling Windows, Open Concept, Great Amenities: 24 Hour Security, Indoor Swimming Pool & Whirlpool, His & Her Saunas, Aerobics & Exercise Centre, Party Room With a Terrace, Billiards Room, Secured Underground Parking! Walking Distance to Scarborough Town Centre, Scarborough Rapid Transit Station & Ttc! Close To Hwy 401
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Data-driven valuation for 83 Borough Drive 3406, Toronto E09, ON M1P 5E4
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 $689,000 in Toronto, the legal minimum down payment is $43,900 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 $10,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,255 also applies, bringing the total estimated land transfer taxes to $20,510.
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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.