1705 - 50 Power St

Moss Park, Toronto

1705 - 50 Power St, Moss Park, Toronto

$525,000


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,050.00


About this Condo

in Moss Park, Toronto

Welcome to the "Home On Power" built by Great Gulf. AGRESSIVELY pricecd at $1000/sf, South-Facing 525 Square Feet Light Filled Unit #1705 With A 9-Feet Ceiling And 97 Square Feet Balcony For You To Enjoy. Located In The Centre Of One Of Toronto's Most Vibrant Neighbourhoods. Retail Conveniently Located In The Building. Close To Highway, And Ttc At The Doorstep. Walking Distance To Shops, Restaurants, And Distillery District. Photos were taken when vacant, for your reference only. Buyer to assume tenant, $2300/MONTH, Lease term 1 Yr, From JAN 15th 2024 to JAN 14th 2025
S/S Fridge, Stove, Dishwasher, Microwave/Fan, All Electric Light Fixtures, one locker

Listed by SMART SOLD 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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