While this place may be in a millennial's budget, it definitely is not for them. According to the listing, this apartment is actually a "luxury retirement condo". 

The one-bed, one-bath unit is in Hearthstone By The Bay in Etobicoke and is listed for just $275,000. 

The outside of the building. 

And even though it's a retirement condo it's still a pretty sweet deal for a condo right by the waterfront!

The library.

Or even for a retirement home for that matter. Assisted living can run anywhere between $3,000 to $7,000 a month in Toronto, according to the Financial Post.

One of the common areas. 

The unit itself isn't bad either. It's actually quite lovely.

The bedroom that walks-out to the balcony. 

The rooms are spacious and there are large windows that let in lots of natural light. 

The kitchen comes with all the appliances, including the dishwasher and microwave. 

The kitchen has all the essentials and there's also a living room and dining room. 

The sunroom. 

There's even a balcony, a sunroom, and an in-unit washer and dryer.

The lobby. 

The condo fees are $447.26 monthly and the building has plenty of amenities including a concierge, an exercise centre, a recreation centre, movie theatre and hair salon.

The bathroom with a spacious walk-in shower. 

However, the catch is that in order to live here you need to buy into a "mandatory membership package". It costs $1,647.58 a month plus HST and any additional person that lives there is another $223.03 a month.

The bar and billards room. 

But the membership gets you four-hours of housekeeping, dining room meal credits, and a 24-hour on-duty nurse. 

The balcony. 

That being said there aren't any explicit rules that you need to be retired to buy this place and honestly full-service luxury living for less than my rent sounds kind of nice.