85 Skymark Drive, Toronto, ON

$999,999
MLS#:C9350721
2 beds
3 baths
1800-1999 sqft
2.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Hillcrest Village. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $999,999 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 3 Bathrooms
  • Generous living space spanning 1800-1999 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Storage
  • equipped with central air central cooling and highly efficient fan coil heating via gas

Description

Superior suite on Skymark! Experience luxury living in one of Toronto's best buildings. This huge condo (almost 2000 square feet, plus balcony) is like a bungalow in the sky, without all the work of house maintenance. This suite has everything you need; 2 bedrooms both with ensuite washrooms, plus a powder room for your guests, a parking spot large enough for 2 cars tandem, and an enormous locker! Primary bedroom has a walk-in closet and a double closest and a large ensuite with a separate tub and shower. This unit has the much-desired split bedroom plan allowing for more privacy. The vast living room and dining room has floor to ceiling windows and is filled with natural light and a great view. The kitchen has a eat-in breakfast area that you can see the CN tower from and has a walk out to the balcony. Enjoy carefree living with the extensive building amenities that include 24/7 concierge, a stunning lobby, indoor pool, outdoor pool, hot tub, sauna, tennis/pickleball court, squash, table tennis, exercise room, visitor parking and more!Steps to the TTC, groceries, shopping, parks and trails. You will find easy access the highway and close to Fairview Mall, Seneca College and North York General Hospital.Enjoy the freedom and creativity to make this suite your own and love it for many years!

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Key Features

Bedrooms
2
Bathrooms
3
Kitchens
1
Living Area
1800-1999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 20, 2024
Sold price information is available to members only
Listed Date9/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$4,057.51

Parking & Garage

Parking Spaces2.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeFan Coil
CoolingCentral Air

Features

Property Features

Place Of Worship, Rec./Commun.Centre, Clear View, Hospital, Library, Public Transit

Interior Features

Storage

Security Features

Security System, Concierge/Security

Community Features

Location

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85 Skymark Drive, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 85 Skymark Drive 1901, Toronto C15, ON M2H 3P2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$75,000 (7.5%)
* Minimum Canadian down payment required for this price is $75,000.
Amortization Period25 Years
Estimated Monthly Payment$5,512Based on a loan of $924,999 over 25 years.
Purchase Price$999,999
Loan Amount$924,999
Provincial Land Transfer Tax:$16,475
Toronto Municipal Land Transfer Tax:$16,475
Total Estimated Closing Taxes:$32,950

About Purchasing a Home in Toronto, ON

For a property listed at $999,999 in Toronto, the legal minimum down payment is $75,000 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 $16,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,475 also applies, bringing the total estimated land transfer taxes to $32,950.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Hillcrest Village, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,066,291

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Matthias
Public101 Van Horne Avenue, Toronto, Ontario, M2J 2S8
6.2
Epiphany of our Lord
Public3150 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1W 3J5
4.0
St Timothy
Public25 Rochelle Crescent, Toronto, Ontario, M2J 1Y3
6.9
St Gerald
Public200 Old Sheppard Avenue, Toronto, Ontario, M2J 3L9
6.1
St Aidan
Public3521 Finch Avenue East, Scarborough, Toronto, Ontario, M1W 2S2
5.6

Secondary Schools

A Y Jackson
Public50 Francine Drive, Toronto, Ontario, M2H 2G6
8.9
Georges Vanier
Public3000 Don Mills Road, Toronto, Ontario, M2J 3B6
6.7
Lester B Pearson
Public7 Snowcrest Avenue, Toronto, Ontario, M2K 2K5
5.1
Sir John A Macdonald
Public2300 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1W 1H8
6.1
L’Amoreaux
Public2501 Bridletowne Circle, Scarborough, Toronto, Ontario, M1W 2K1
5.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.