703 - 55 Centre Avenue
Bay Street Corridor, Toronto
$599,000
Bedrooms: 2
Bathrooms: 2
Living Area: 1,000 sqft
Price Per Sqft: $599.00
About this Condo
in Bay Street Corridor, Toronto
DOWNTOWN TORONTO LIVING AT ITS BEST - WELCOME TO CHESTNUT PARK! Discover unbeatable urban convenience in the highly sought-after Chestnut Park residence, perfectly situated in the vibrant heart of downtown Toronto. This two bedroom + den/office suite offers over 1,000 square feet of well-designed living space, complete with two full bathrooms, in-suite laundry, and a spacious open concept layout - ideal for professionals, families, or investors seeking the ultimate city lifestyle. Your monthly condo fee of $1,228.83 covers common elements, building insurance, heat, water, and central air conditioning. With a perfect Walk Score of 100, everything you need is right at your doorstep. St. Patrick Subway Station on the Yonge-University line is just steps away, ensuring seamless transit access. Walk to the Eaton Centre, Bay Street's Financial District, University of Toronto, Toronto Metropolitan University (TMU), Ontario College of Art and Design, and Toronto's world-class hospitals along University Avenue. For students, Chestnut Park is unmatched - perfectly positioned between the University of Toronto and Ryerson University. For culture lovers, the Art Gallery of Ontario (AGO), Chinatown, Nathan Phillips Square, and City Hall are all within easy reach. This is a rare opportunity to own in one of downtown Toronto's most connected and dynamic locations. Live where everything happens - live at Chestnut Park! (some images contain virtual staging)
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..
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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
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| * This material is for informational purposes only. | |||
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