1304 - 197 Yonge Street

Yonge Corridor, Toronto

1304 - 197 Yonge Street, Yonge Corridor, Toronto

$439,000

Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $878.00

About this Condo

in Yonge Corridor, Toronto

Investors, here is a unique opportunity to own a 1 bed and 1 bath gem in this very special building located in the heart of the downtown core. Massey Tower amenities include 24 hour concierge, state-of-the-art fitness centre, steam room, rain room, sauna and juice bar. Get treated like a VIP in the cocktail lounge, sing a tune in the piano bar or dance the night away on the terrace. At street level, the tower is grounded by the historic Canadian Bank of Commerce Building, circa 1905 with the iconic Massey Hall conveniently located next door. Steps to Toronto's Eaton Centre, T.T.C. subway and street cars, Yonge - Dundas Square, theatres, restaurants, U of T, George Brown, Toronto Metropolitan University, the financial and entertainment districts. Photos are virtually staged. Unit is Tenanted and Tenancy must be assumed until August 2026.

Listed by RE/MAX REALTRON 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:
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* This material is for informational purposes only.

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