702 - 225 Sumach St

Regent Park, Toronto

702 - 225 Sumach St, Regent Park, Toronto

$449,900


Bedrooms: 0

Bathrooms: 1


About this Condo

in Regent Park, Toronto

Don't miss this incredible opportunity to immerse yourself in the heart of the city! Recently Constructed, this spacious studio suite boasts a fantastic layout, soaring ceilings, and a modern kitchen complete with built-in appliances. Enjoy the convenience of ensuite laundry, separate locker for storage, balcony and a 4Pc bath. The building itself is a modern masterpiece, packed with top-notch amenities including an outdoor terrace with BBQs, a spacious gym, co-working space, a kids zone, and a vibrant party room. With TTC and highway access nearby, as well as the Pam McConnell Aquatic Centre next door, you'll have everything you need within reach. Parks, schools, shopping, and dining options are all just steps away, making this property an ideal investment or pied-a-terre.

Listed by RE/MAX CONDOS PLUS CORPO.


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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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