# 506 - 297 College Street

Chinatown, Toronto

# 506 - 297 College Street, Chinatown, Toronto

$549,999


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,100.00


About this Condo

in Chinatown, Toronto

This is the one you been waiting for! Check out this beautiful 1 bedroom + Den, 1 bathroom unit in the heart of Toronto and just steps away from U Of T! This unit is part of Tribute's boutique condo "The College". Featuring 9ft ceilings, Balcony, open concept design, quartz countertops, built in appliances, hardwood floors and great finishes. The building also features a 24hr concierge, security, gym, theater room, Billiards Room, Party Rm, BBQ Terrace, T &T supermarket and more, this is one of the most sought after locations in DT Toronto, and an absolute must see!

Listed by HOMELIFE/LOCAL REAL ESTATE 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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