Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Annex. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,000 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.
Welcome to The Memphis at Yonge & Bloor, tucked away on a quiet private street on the edge of Yorkville. Rarely offered and one of the largest 1 Bedroom + Den layouts in the building, offering almost 900 sq. ft. of functional living space. Spacious den/solarium is perfect for a home office or additional living area. Updated kitchen featuring stainless steel appliances and a tumbled marble backsplash. Renovated 5-piece bathroom with double sinks. Generous primary bedroom with walk-in closet. Includes parking and locker. Well-managed building with a wonderful community of owners. Maintenance fees include all utilities! Located on the 2nd floor with the gym and saunas right down the hallway. Unbeatable location steps to Yorkville, Bloor Street shopping, restaurants, the library, and Rosedale subway station. Walk Score 98. One of the largest 1 bedroom 1 den floor plans in the building.
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Hospital, Park, Place Of Worship, Public Transit
Carpet Free, Atrium
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 942 Yonge Street 224, Toronto, ON M4W 3S8
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 $599,000 in Toronto, the legal minimum down payment is $34,900 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 $8,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,455 also applies, bringing the total estimated land transfer taxes to $16,910.
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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.