3909 - 426 University Avenue

Chinatown, Toronto

3909 - 426 University Avenue, Chinatown, Toronto

$525,000

Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,050.00

About this Condo

in Chinatown, Toronto

Welcome to Residences at RCMI! Great Location! Located in the heart of Downtown Toronto. Great Investment Opportunity with Stable Rental Income (currently vacant)! Floor-to ceiling windows, 9 foot high ceilings, newly renovated laminate flooring. With a 99 Walk Score and 100 Transit Score, the St. Patricks Subway Station is at your doorstep. Minutes away from renowned universities (UofT, TMU, OCAD) and the Financial and Entertainment Districts, Nathan's Phillip Square, Toronto Eaton Centre, Kensington Market, and Chinatown. Conveniently located close to Mount Sinai and Toronto General Hospitals. Unbeatable Location, Safe and Quiet Neighborhood, and Gorgeous Unit! Come take a look!

Listed by HOMELIFE NEW WORLD 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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