5 - 1648 Bathurst Street

Cedarvale, Toronto

5 - 1648 Bathurst Street, Cedarvale, Toronto

$399,000


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $665.00


About this Condo

in Cedarvale, Toronto

This newly renovated 687sf one-bedroom co-ownership apartment offers incredible value in one of Torontos most desirable midtown neighbourhoods. Set within a charming solid-brick 1935 brownstone walk-up, the residence features generous room proportions, high ceilings, and timeless architectural appeal. Large west-facing windows fill the space with natural light, showcasing newly refinished hardwood floors, fresh paint, upgraded lighting and more. The spacious eat-in kitchen ft. granite countertops, a new custom backsplash, full-size stainless steel appliances and room for both dining and a home office or den. The bedroom offers wall-to-wall closet storage and space for both furniture and a dedicated home office set-up - an ideal balance of comfort and functionality. The bathroom has also been recently renovated, providing a fresh, stylish retreat with updated finishes and fixtures. At an asking price of just $399,000 and monthly fees that include all utilities and property taxes, owning this home maybe surprisingly within reach; a great wealth building and lifestyle opportunity. Steps to St. Clair West and Eglinton, residents enjoy a wealth of amenities, shops, cafés, parks and restaurants. The new 'Forest Hill' LRT station (13min walk), rumoured to go online in 2026; will enhance excellent transit connections. With a bus stop directly outside the building, and being walking distance (15min) to the subway; travel is easy around the city. Drivers benefit from quick access to major routes, while enjoying private parking for 1-2 vehicles (rental) on the property. Great for cycling also & bike storage available inside the building! The surrounding residential, low-density setting creates a quiet, welcoming atmosphere rarely found this close to downtown and so affordably. Perfect for first-time buyers, down-sizers, investors or those seeking a prime mid-town pied-à-terre, this large and lovely sun-filled, stylish home combines character, convenience & unbeatable value.

Listed by CHESTNUT PARK REAL ESTATE LIMITED.


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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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