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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 $799,900 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.
Updated 2 Bedroom, 2 Bathroom Condo in the Heart of Church-Wellesley Village. Welcome to Suite 503 at 86 Gloucester Street, a bright and beautifully maintained 2 bedroom, 2 bathroom condo in the vibrant Church-Wellesley Village. Offering a smart layout, meaningful upgrades, and an unbeatable downtown Toronto location, this home is ideal for young professionals, couples, and those looking to simplify without sacrificing space or style. The updated kitchen features refreshed finishes, generous cabinetry, a walk out to the balcony overlooking the city, and ample counter space, opening seamlessly into the spacious living and dining area. Whether hosting friends before a night out or enjoying a quiet evening in, the layout feels open, functional, and inviting. Brand new windows and doors enhance natural light throughout the unit while improving energy efficiency and overall comfort. The result is a bright, peaceful space above the energy of the city. Both bedrooms are generously sized with excellent separation for privacy. The primary bedroom includes a full ensuite bathroom, while the second full bathroom is perfectly positioned for guests and everyday convenience. The well balanced floor plan makes the home equally suited for two professionals sharing space, couples who value privacy, or downsizers transitioning from a larger home. Located steps to both Wellesley or Bloor Yonge subway stations, Toronto Metropolitan University, the University of Toronto, the hospital corridor, restaurants, cafés, and everyday essentials, this is downtown living at its most connected and walkable. Enjoy the culture, community, and character that make the Church-Wellesley neighbourhood one of Toronto's most sought after areas. A move in ready opportunity to own a thoughtfully updated 2 bedroom, 2 bathroom condo in the heart of downtown Toronto.
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Hospital, Park, Library, Public Transit, Rec./Commun.Centre, School
None
Monitored, Security System
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This could be the first listing for this address.
Data-driven valuation for 86 Gloucester Street 503, Toronto C08, ON M4Y 2S2
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 $799,900 in Toronto, the legal minimum down payment is $54,990 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 $12,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,473 also applies, bringing the total estimated land transfer taxes to $24,946.
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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.