116 George Street, Unit N505, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $749,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this beautifully updated 2-bedroom suite at the award-winning Vu Condominiums, offering modern comfort and an unbeatable downtown Toronto location. Bright and spacious, this inviting home features 10-foot ceilings, large windows, and a private walk-out balcony. Extensively renovated in 2022, the suite features a stylishly updated kitchen, new flooring, smooth ceilings with the popcorn removed, and refreshed bathroom finishes, including new floor and bathtub surround tiles. Custom-built closets throughout provide exceptional storage and organization. A standout feature is the larger-than-standard parking space, complete with a private EV charger dedicated exclusively to the space-a rare and valuable convenience for electric vehicle owners. Enjoy an impressive selection of building amenities, including 24-hour concierge service, a fully equipped fitness centre, and a rooftop terrace with BBQs and comfortable lounge areas. Perfectly positioned just steps from St. Lawrence Market, the Distillery District, George Brown College, TTC, hospitals, parks, restaurants, and the downtown core, with convenient access to major highways. Move-in ready and thoughtfully upgraded, this is downtown living at its finest-combining style, functionality, and an exceptional location.
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Property Summary
This condo apartment located at 116 George Street, Toronto is currently for sale and has been available on SousaSells for 0 days. This property is listed at $749,000 with an estimated mortgage of $2,493* per month. It has 2 beds, 1 bathroom, and is 800-899 square feet. 116 George Street, Toronto is in the Moss Park neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Moss Park, Toronto.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •800-899 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Public Transit
- Park
Interior Features
- Carpet Free
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Toronto?
If you are looking for a house in Toronto or researching Toronto real estate for sale, this 2-bedroom condo apartment at 116 George Street, Unit N505, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Toronto Buyer Budget & Costs
Estimated mortgage: $2,493*/month*. Estimated Ontario Land Transfer Tax: $22,910. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Toronto
Frequently Asked Questions about 116 George Street, Unit N505, Toronto, ON
Q.What is the asking price for 116 George Street, Unit N505, Toronto, ON ?
The current listing price for 116 George Street, Unit N505, Toronto, ON in Moss Park, Toronto is $749,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 800-899 sqft.
Q.What property type and architectural style is 116 George Street, Unit N505, Toronto, ON ?
116 George Street, Unit N505, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What key property features does 116 George Street, Unit N505, Toronto, ON offer?
Key property features include: Public Transit, Park.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Moss Park, Toronto
594 assaults (2076.1/100k)
125 B&E (436.9/100k)
37 thefts (129.3/100k)
Stable vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 116 George Street N505, Toronto, ON M5A 3S2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $749,000 in Toronto, the legal minimum down payment is $49,900 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 $11,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,455 also applies, bringing the total estimated land transfer taxes to $22,910.
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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.
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