1116 - 7 Lorraine Drive

Willowdale West, Toronto

1116 - 7 Lorraine Drive, Willowdale West, Toronto

$679,000


Bedrooms: 2

Bathrooms: 2

Living Area: 800 sqft

Price Per Sqft: $848.75


About this Condo

in Willowdale West, Toronto

Spacious 2+1 bedroom, 2 bathroom condo at Sonata Condo in the heart of North York! This bright and functional layout features an open-concept living and dining area with floor-to-ceiling windows and a walkout to the balcony. The modern kitchen is equipped with stainless steel appliances and ample storage. The primary bedroom offers a 4-piece ensuite and large closet, while the versatile den can be used as a home office. Located in a highly desirable neighborhood, just steps to Finch Subway Station, restaurants, shops, parks, and top-rated schools. Building amenities include a fitness center, indoor pool, sauna, party room, guest suites, and 24-hour concierge. Perfect for families and professionals seeking comfort and convenience!

Listed by ROYAL LEPAGE SIGNATURE 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:
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* This material is for informational purposes only.

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