612 - 92 King Street E

Yonge Corridor, Toronto

612 - 92 King Street E, Yonge Corridor, Toronto

$569,900


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $949.83


About this Condo

in Yonge Corridor, Toronto

Unit 612 overlooks St. James Cathedral and gardens, Old Town Hall, St. Michael's Hospital, and King Eddie Hotel. It is beside the Subway (King/Yonge), and the streetcar route is in front of King and Church. Walk to Toronto's Financial Centre, Metro Toronto University, George Brown College, St. Lawrence Market, Community Centre, Art Centre, St. James Park, and many fine restaurants. The Concierge and Security are 24/7, and the Management is very stable. This is a pet-friendly building with restrictions. Unit 612 is leased for $2300/mo for 10 months. Buyer to assume good tenants who pay on time and are very clean. Parking spot P2-46 is included in the sale price and rented for $250/mo. Parking is rented but with 60 days' notice can give vacant possession.

Listed by RE/MAX ELITE REAL ESTATE.


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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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