504 - 8 Covington Road

Lawrence, Toronto

504 - 8 Covington Road, Lawrence, Toronto

$729,900

Bedrooms: 2

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $729.90

About this Condo

in Lawrence, Toronto

Bright and Spacious Corner Suite, Popular Carnegie Model with Split Bedrooms, 1140 Sq. Ft as per Builders Plan!! South View, California Shutters, Quartz Kitchen Countertop, Steps to Convenient Lawrence Plaza . Kitchen Has Large Window W/Good-Sized Eat-In Area, Large 4 Piece Ensuite with Easy Access Shower, Beautiful Entrance with 24/7 Concierge, Outdoor Pool, Large Main Floor Exercise Room, Sauna, Party Room and Guest Suite. Sabbath Elevator, Lots of Underground Visitor Parking, Premium Parking Spot on P1 and Locker Included.

Listed by RE/MAX REALTRON 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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