MLS® listing
40 Panorama Court 807: condo apartment for sale
$415,000
From the listing brokerage
Rare Opportunity in Prime Etobicoke! Welcome to this bright, spacious, and functional 2-bedroom, 1-bathroom condominium apartment situated in one of Etobicoke's most vibrant and high-demand neighborhoods. Perfect for first-time homebuyers, downsizers, or savvy investors seeking exceptional value and high returns, this unit boasts UNBEATABLE CARRYING COSTS WITH ANNUAL PROPERTY TAXES UNDER $500/YEAR! Step into a beautifully designed layout featuring seamless laminate flooring throughout and an abundance of natural light. The combined living and dining area provides a versatile space for everyday living and entertaining, with a seamless walkout to a large open balcony ideal for relaxing or enjoying outdoor views. The upgraded kitchen is a delight, complete with quartz countertops, ample cabinet space, and great finishes. Both bedrooms are generously sized, with the primary bedroom featuring a walk-in closet for ultimate convenience. The unit is equipped with hookups ready for ensuite laundry and includes 1 secure underground parking space. Residents enjoy access to top-tier building amenities, including a fully equipped fitness gym, an indoor pool, a games room, an outdoor tennis court and two expansive party rooms for special occasions. Unmatched location with superior transit access! Step out your door to the TTC, and enjoy immediate connectivity to the NEW Finch West LRT and major GTA highways. Walking distance to Albion Mall, shopping plazas, top schools, public libraries, parks, places of worship, and everyday essentials. Move-in ready with ultra-low overhead costs in a thriving location. A must-see gem-book your private tour today!
Facts on the listing
| Square feet | 1000-1199 |
|---|---|
| Approximate age | 31-50 |
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $640 |
| Property tax | $499 |
| Tax year | 2026 |
| Locker | None |
| Pets | Yes-with Restrictions |
| Exposure | North |
| Fee includes | Heat Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included |
| Balcony | Enclosed |
| Laundry | Coin Operated, In Basement, Common Area |
| Interior features | Carpet Free |
| Floor | 8 |
Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. MLS® W13621410.
About this condo apartment
40 Panorama Court 807 is a 2 bedroom condo apartment in TRREB's Mount Olive-Silverstone-Jamestown community in Toronto, listed for sale at $415,000. The listing shows 1 bathroom and 1000-1199 square feet. The style is given as apartment. The unit faces north. It comes with 1 parking space and an underground garage according to the listing. The nearest main intersection given is Kipling Ave & Panorama Crt. The age is listed as 31-50 years.
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.
What it costs to buy 40 Panorama Court 807
At the asking price of $415,000, 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 | $415,000 |
|---|---|
| Ontario land transfer tax | $4,775 |
| Toronto municipal land transfer tax | $4,775 |
| Both taxes | $9,550 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $20,750 |
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 | $640 a month |
|---|---|
| Property tax (2026) | $499 a year, about $42 a month |
| Fee and tax together | about $682 a month |
The listing says the maintenance fee includes heat, water, cac, common elements, building insurance and parking. 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.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $415,000, which is $135,000 below that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
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. 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. The listing has a virtual tour, but 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 40 Panorama Court 807
How much is land transfer tax on 40 Panorama Court 807?
At the asking price of $415,000 the Ontario tax is $4,775 and the Toronto tax is $4,775, $9,550 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 40 Panorama Court 807?
$20,750 at the asking price of $415,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 40 Panorama Court 807?
The listing shows $640 a month, including heat, water, cac, common elements, building insurance and parking. Check the current fee in the status certificate.
How much is the property tax on 40 Panorama Court 807?
The listing shows $499 a year for 2026, about $42 a month.
Is 40 Panorama Court 807 priced above or below the median?
It is listed at $415,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $135,000 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 40 Panorama Court 807?
Use the form on this page or call us. Quote MLS® W13621410. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 40 Panorama Court 807 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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