811 - 701 King Street W

Niagara, Toronto

811 - 701 King Street W, Niagara, Toronto

$798,000


Bedrooms: 2

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $798.00


About this Condo

in Niagara, Toronto

A rare find where style meets everyday practicality, this beautifully updated 2-bedroom + den, 2-bath residence spans over 1,040 sq. ft. in one of downtown Toronto's most dynamic neighbourhoods - the King West Entertainment District. The smart split-bedroom design ensures privacy and features a 4 pc washroom and large closet with custom built-in's in the primary bedroom and a 4 pc adjacent washroom to the second bedroom which includes a space saving Murphy bed. While the den and wall-to-wall east-facing windows bring in beautiful natural light, it is perfectly flexible as a larger dining room, office space or whatever you need it to be. The open-concept plan flows effortlessly, anchored by a modern kitchen with granite counters, stainless steel appliances, glass tile backsplash, and a breakfast bar ideal for casual meals or hosting. Recently refreshed, the home features neutral grey flooring and window blinds throughout, white contemporary cabinetry and tile accents, and smooth ceilings with recessed lighting a polished, move-in-ready aesthetic. An in-suite storage room adds everyday convenience. Unbeatable location with TTC at your door and the upcoming Ontario Line at King & Bathurst steps away. Enjoy walkable access to everyday essentials like Farm Boy, Loblaws, and the Toronto Public Library, along with nearby schools, playgrounds and dog parks, and daycares. Stroll to Stackt Market, The Well, Financial District, and the waterfront for dining, shopping, everyday conveniences and entertainment. This residence offers the perfect balance of modern updates, thoughtful design, and a vibrant downtown lifestyle. One owned parking spot included. The Summit Club offers resort-style shared amenities: indoor & outdoor pool, hot tub, gym, squash courts, private movie theatre, BBQs, library, Bike Storage, Car Wash, Internet, lush private garden with kids playground, and more. A rare mix of community and convenience in the heart of downtown Toronto.

Listed by REALTY EXECUTIVES PLUS 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


     
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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