3305 - 38 Elm Street

Bay Street Corridor, Toronto

3305 - 38 Elm Street, Bay Street Corridor, Toronto

$479,800

Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $799.67

About this Condo

in Bay Street Corridor, Toronto

Downtown Luxury Without the Downtown Price! Incredible opportunity to own a sub-penthouse suite at Minto Plaza offering unbeatable value with at just $670/month All-Inclusive Maintenance (yes, all utilities included!).This bright and spacious 1-bedroom, 1-bath (608 SF) unit boasts spectacular city views and modern comfort in one of Toronto's most desirable locations. Highlights You'll Love: Spacious sub-penthouse with breathtaking skyline views; Updated appliances (2018): cooktop, oven, microwave, dishwasher, fridge & full-size washer/dryer. Amazing amenities: gym, rooftop deck/garden, indoor pool & more. Steps to Allan Gardens, Grange Park, UofT, TMU, fine dining, shops & TTC. Perfect for first-time buyers looking for affordable downtown living or savvy investors seeking strong rental appeal. Offers Anytime Motivated Seller. Visit with confidence and secure your downtown lifestyle today!

Listed by RIGHT AT HOME 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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