2009 - 501 Yonge Street

Yonge Corridor, Toronto

2009 - 501 Yonge Street, Yonge Corridor, Toronto

$839,000

Bedrooms: 2

Bathrooms: 2

Living Area: 800 sqft

Price Per Sqft: $1,048.75

About this Condo

in Yonge Corridor, Toronto

Teahouse Condominiums by renowned builder Lanterra. This bright and spacious unit in the South Tower offers southeast exposure with floor-to-ceiling windows and two balconies facing a quiet inner street and ravine. Features an open-concept layout. Enjoy the convenience of the underground PATH just steps away, indulge in luxury shopping at Bloor-Yorkville, or explore the lively Eaton Centre. Prime downtown location within walking distance to U of T, Toronto Metropolitan University, five major hospitals, and the Financial and Entertainment Districts. Excellent transit access with Wellesley and College subway stations nearby.

Listed by HOMELIFE LANDMARK REALTY INC..

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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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