1011 - 720 Spadina Avenue

University, Toronto

1011 - 720 Spadina Avenue, University, Toronto

$329,900

Bedrooms: 0

Bathrooms: 1

About this Condo

in University, Toronto

Welcome to 720 Spadina Ave, Unit 1011. Perfectly located in the heart of the city, this bright and thoughtfully designed studio apartment offers incredible value and income potential. Perfect for first time homebuyers or savvy investors! Situated just steps from the University of Toronto, this unit is ideal for anyone seeking a prime downtown location. The space features a highly functional layout with smart use of square footage, including built-in storage and a sleek Murphy bed for maximizing living space. Large windows fill the unit with natural light. Restaurants, transit and LOCATION. Shared laundry is conveniently located across the hall. Rental parking is available.

Listed by UNION CAPITAL 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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