Ph1501 - 2885 Bayview Avenue

Bayview Village, Toronto

Ph1501 - 2885 Bayview Avenue, Bayview Village, Toronto

$539,900


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $899.83


About this Condo

in Bayview Village, Toronto

Introducing 'The Arc' an award-winning development by the reputable Daniels Corporation. This landmark residence is nestled in the prestigious Bayview Village community. Spacious Penthouse 1 Bed + Den | 1 Full Bath | Over 620 sqft Includes 1 Underground Parking. Open-concept layout with 9' ceilings, floor-to-ceiling windows, and a large balcony with unobstructed east views, filling the space with morning light. The versatile Den can function as a home office or a second bedroom. The modern kitchen features quality cabinetry doors, Granite countertops, flowing seamlessly into the living and dining areas. Ensuite laundry (washer & dryer). This thoughtfully designed unit blends luxury and convenience. Unbeatable Location: Steps to Bayview Subway Station, ideal for downtown commuters or those working from home. Direct stair access to Bayview Village Shopping Centre, home to Loblaws, Pusateris, Starbucks, Shoppers, LCBO, major banks, and a variety of restaurants. Surrounded by top-rated schools, parks, and green space (Bayview Village Park, Hawksbury Park, Rean Park). Close to Hwy 401/DVP, YMCA, and major hospitals. Well-managed building with low monthly fees and fantastic amenities:24/7 Concierge, Indoor Pool, Gym, Steam Room, Party Room, Theatre, Media Room, Guest Suites, Study, Billiards, Huge outdoor terrace with BBQs & seating, Ample visitor parking (surface & underground).

Listed by CENTURY 21 INNOVATIVE 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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