246 - 1029 King Street W

Niagara, Toronto

246 - 1029 King Street W, Niagara, Toronto

$699,000


Bedrooms: 1

Bathrooms: 2

Living Area: 800 sqft

Price Per Sqft: $873.75


About this Condo

in Niagara, Toronto

Welcome Home to Unit 246 at 1029 King St W - a bright and spacious 1-bedroom + den, 2 bath, 2-level loft in the sought-after Electra Lofts. Boasting approx. 810 sq.ft. of Bauhaus-inspired design, this south-facing unit is flooded with natural light through dramatic double-height windows. The open-concept layout features soaring ceilings in the living area, upgraded modern glass and steel railings on the upper level, and a sleek urban vibe throughout. Enjoy the perfect blend of style and function, with a generously sized bedroom (opened up wall separating the den), and an oversized 6' x 6' private storage locker included. Live in one of Toronto's most dynamic neighbourhoods steps from trendy restaurants, nightlife, transit, parks, the Bentway, and everything downtown has to offer. Whether you're entertaining at home or exploring the city, this is the ultimate King West lifestyle.

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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