MLS® listing
2020 Mcnicoll Avenue 717: leasehold condo for sale
$458,000



































From the listing brokerage
Well Managed Mon Sheong Life Lease Senior Residence (55+). This South Facing w/Balcony Unit Offers A Clear & Unobstructed City View. It Is A Bright, Clean & Airy One Bedroom + Den Located Near Elevator, No Long Walk To Unit After Grocery Shopping. This Unit Includes A Parking & A Locker. The Residence Features Wide Hallways, Walk-In Shower w/Support Bars, Emergency Alarm Buttons, 24/7 Security, On-Site Emergency Response and Lots Of Social Programs For Seniors. Additional Referral Services: Weekly Shuttle to Grocery Shopping, Meal Delivery. Steps To Public Transit. Maintenance Fee Includes All Utilities (Heat, Hydro, Water, Property Taxes, Cable TV, Internet), Parking & Locker Except Telephone. Very Comprehensive Facilities: Cafeteria, Karaoke Room, Mahjong Room, Gym, Table Tennis, Library, Party Room, Hair Salon, Clinic & Pharmacy.
Facts on the listing
| Square feet | 700-799 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $951 |
| Property tax | |
| Tax year | 2026 |
| Locker | Exclusive |
| Pets | Yes-with Restrictions |
| Exposure | South |
| Fee includes | Heat Included, Common Elements Included, Hydro Included, Building Insurance Included, Parking Included, Cable TV Included, CAC Included, Water Included, Condo Taxes Included |
| Building amenities | BBQs Allowed, Communal Waterfront Area, Exercise Room, Party Room/Meeting Room, Visitor Parking |
| Balcony | Open |
| Laundry | In-Suite Laundry |
| Interior features | Intercom, Sauna |
| Features | Hospital, Park, Place Of Worship, Public Transit |
| View | Downtown, Lake, Panoramic, Water, City |
| Floor | 0 |
Listing courtesy of CENTURY 21 KING`S QUAY REAL ESTATE INC.. MLS® E13420072.
About this leasehold condo
2020 Mcnicoll Avenue 717 is a 2 bedroom leasehold condo in TRREB's Milliken community in Toronto, listed for sale at $458,000. The listing shows 2 bathrooms and 700-799 square feet. The style is given as apartment. The unit faces south. It comes with 1 parking space, an underground garage and a locker (exclusive) according to the listing. The nearest main intersection given is Kennedy/Mcnicoll.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
Building amenities on the listing: bbqs allowed, communal waterfront area, exercise room, party room/meeting room and visitor parking.
What it costs to buy 2020 Mcnicoll Avenue 717
At the asking price of $458,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $458,000 |
|---|---|
| Ontario land transfer tax | $5,635 |
| Toronto municipal land transfer tax | $5,635 |
| Both taxes | $11,270 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $22,900 |
The down payment figure is the federal minimum: 5 percent of the price. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $951 a month |
|---|
The listing says the maintenance fee includes heat, common elements, hydro, building insurance, parking, cable tv, cac, water and condo taxes. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 2020 Mcnicoll Avenue 717
How much is land transfer tax on 2020 Mcnicoll Avenue 717?
At the asking price of $458,000 the Ontario tax is $5,635 and the Toronto tax is $5,635, $11,270 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 2020 Mcnicoll Avenue 717?
$22,900 at the asking price of $458,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 2020 Mcnicoll Avenue 717?
The listing shows $951 a month, including heat, common elements, hydro, building insurance, parking, cable tv, cac, water and condo taxes. Check the current fee in the status certificate.
How do I book a showing for 2020 Mcnicoll Avenue 717?
Use the form on this page or call us. Quote MLS® E13420072. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 2020 Mcnicoll Avenue 717 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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