505 - 301 Markham Street

Bellwoods, Toronto

505 - 301 Markham Street, Bellwoods, Toronto

$575,000

Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,150.00

About this Condo

in Bellwoods, Toronto

*Rarely Offered One Bedroom Loft @ Low-Rise 'Ideal Lofts' In The Heart Of Little Italy. **Perfect For 1st Home Buyer or Investor. Bright, Open Concept W/ Large Kitchen & Island W/ Seating For 4 & Plenty Of Storage. High Ceilings & Spacious Living Area. **Prime Location, Walking Distance To Little Italy Corso, Kensington Market & Trinity Bellwoods Park. Close To Live Music, Restaurants, Cafes, Groceries, TTC, University & Hospitals.

Listed by FOREST HILL REAL ESTATE 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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