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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $2,300 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.
Prime downtown living in the heart of Toronto! This stylish 1+Den luxury suite offers a bright and functional layout with 9-ft ceilings, floor-to-ceiling windows, and a beautiful city view. The versatile den with a sliding door can easily serve as a second bedroom or a dedicated home office. Featuring a contemporary open-concept kitchen and modern finishes throughout, this unit is ideal for urban professionals or investors. Unbeatable location just steps to the subway, Toronto Metropolitan University, University of Toronto, CF Toronto Eaton Centre, Yonge-Dundas Square, parks, hospitals, and everyday essentials including Loblaws. Residents enjoy premium amenities including 24-hour concierge, a 6,500 sq. ft. fitness centre, rooftop patio, yoga studio, party and study rooms, steam room, and Tesla car-sharing system-offering both convenience and luxury in one of the city's most vibrant neighborhoods.
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Data-driven valuation for 85 Wood Street 2607, Toronto C08, ON M4Y 0E8
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 $2,300 in Toronto, the legal minimum down payment is $115 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 $12 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12 also applies, bringing the total estimated land transfer taxes to $23.
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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.