509 - 281 Mutual Street

Yonge Corridor, Toronto

509 - 281 Mutual Street, Yonge Corridor, Toronto

$490,000

Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $980.00

About this Condo

in Yonge Corridor, Toronto

Welcome to an effortlessly functional 1-bedroom with floor-to-ceiling windows and bright east exposure. The smart, open layout makes the most of every square foot, with a walk-out balcony accessible from both the living room and the bedroom. A full 2018 refresh brings everyday comfort and peace of mind: an updated kitchen with contemporary finishes, a renovated bathroom, and a new heat pump (2018) for efficient heating and cooling. Custom built-in closets in the front hall by the entrance and the bedroom (2022). New washer and dryer (2024). Set in the heart of the Church-Yonge Corridor, you're moments to Loblaws (Maple Leaf Gardens), cafes, parks, and the TTC, plus an easy stroll to UofT and TMU. A well-kept suite in a sought-after, established community, ideal for first-time buyers, professionals, or investors looking for a turn-key downtown home.

Listed by KW Living Realty.

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Virtual Tour
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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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