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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mount Dennis. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $489,000 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.
Spacious and well-maintained condo offering over 1,200 sq. ft. of comfortable living space. Features include parquet flooring in the bedroom with a large closet, a primary bedroom with 2-piece ensuite and walk-in closet, an additional 4-piece bathroom, linen closet, and pantry. The kitchen is equipped with a dishwasher, double-door fridge, and smooth-top stove. A large den provides flexible space for a home office or additional living area. Enjoy a bright south-facing view. Excellent building amenities include 24-hour security. Conveniently located with parks, schools, shopping, and everyday essentials just steps away. Future Weston Rd LRT coming soon, adding even more value and accessibility.
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Data-driven valuation for 85 Emmett Avenue 1811, Toronto W04, ON M6M 5A2
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 $489,000 in Toronto, the legal minimum down payment is $24,450 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 $6,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,255 also applies, bringing the total estimated land transfer taxes to $12,510.
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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.