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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 $399,000 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.
Bright & Spacious 1-Bedroom Suite in the Highly Sought-After Tridel Alter! This gorgeous unit features an open-concept layout, 9 ft ceilings, floor-to-ceiling windows, and sleek laminate flooring throughout. The modern kitchen comes equipped with built-in appliances and contemporary finishes. Located right at Ryerson University and just steps to TTC, restaurants, shops, and endless entertainment - offering unmatched downtown convenience. Residents enjoy a full range of premium amenities including a fitness centre, yoga studio, rooftop patio, indoor pool, media room, visitor parking, and 24/7 concierge.
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Data-driven valuation for 89 Mcgill Street 1106, Toronto C08, ON M5B 0B1
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 $399,000 in Toronto, the legal minimum down payment is $19,950 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 $4,460 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,460 also applies, bringing the total estimated land transfer taxes to $8,920.
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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.