818 - 18 Sommerset Way

Willowdale East, Toronto

818 - 18 Sommerset Way, Willowdale East, Toronto

$709,000


Bedrooms: 2

Bathrooms: 2

Living Area: 900 sqft

Price Per Sqft: $787.78


About this Condo

in Willowdale East, Toronto

One of the most popular buildings in the Willowdale area - Sommerset at Northtown Way - comes available only on rare occasion! This classic split 2 bedroom, 2 washroom layout presents a wonderful opportunity for families looking to get into the McKee PS/Cummer Valley MS/Earl Haig SS districts! Updated with laminate flooring and newer kitchen cabinets, wanting homeowners can just move in, or renovate easily to look exactly to taste. With a serene East facing view that will never change, and a prudent condo management company that has kept maintenance fees very low (with utilities included), this is what professionals call a sound investment decision! Amenities include an indoor pool, party room, exercise room, billiards and guest suites with plenty of visitors parking. Become the next residents of Sommerset at Northtown and enjoy the top notch schools, the restaurants and amenities.

Listed by ROYAL LEPAGE SIGNATURE REALTY.


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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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