704 - 117 Gerrard Street E

Yonge Corridor, Toronto

704 - 117 Gerrard Street E, Yonge Corridor, Toronto

$369,000


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $738.00


About this Condo

in Yonge Corridor, Toronto

A Bright Downtown Opportunity at 117 Gerrard Street East! This sun-filled, stylishly updated east-facing suite offers a smart and versatile layout with beautiful morning light and open views toward Cabbagetown and Allan Gardens. Thoughtfully configured as a 1+den, the functional floor plan features an open-concept kitchen overlooking the living and dining area. The spacious principal living area easily accommodates lounging, dining, and sleeping arrangements, while the separate den provides excellent flexibility as a guest space, nursery, office, or private retreat. Recent upgrades enhance both style and comfort, including a new bathroom vanity, fridge, dishwasher, and stove (2025), new interior doors (2026), and freshly painted bedroom and bathroom spaces. The building is known for solid construction and copper plumbing, a valued feature for buyers who appreciate durable materials and quality infrastructure. Residents enjoy an exceptional range of amenities, including a panoramic rooftop terrace with BBQ area, garden patio, outdoor jacuzzi, fitness centre, party and games rooms, saunas with showers, visitor parking, bike storage, gated pet area, and 24-hour concierge/security. Maintenance fees offer outstanding value and include all utilities, high-speed internet, and cable TV. Located in the heart of downtown Toronto with outstanding walk, transit, and bike access, you are steps to CF Toronto Eaton Centre, Toronto Metropolitan University, University of Toronto, St. Lawrence Market, the Financial District, hospitals, parks, grocery stores, restaurants, and vibrant Church Street amenities. An ideal choice for first-time buyers, professionals, students, or investors seeking convenience, comfort, and unbeatable urban living.

Listed by ROYAL LEPAGE SIGNATURE REALTY.


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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