2009 - 501 Yonge Street

Yonge Corridor, Toronto

2009 - 501 Yonge Street, Yonge Corridor, Toronto

$778,000

Bedrooms: 2

Bathrooms: 2

Living Area: 800 sqft

Price Per Sqft: $972.50

About this Condo

in Yonge Corridor, Toronto

Welcome to Teahouse Condominiums by Lanterra Developments - the perfect blend of luxury, location, and lifestyle in the heart of downtown Toronto!This bright and spacious southeast corner unit features two bedrooms, two full baths, and two private balconies with great views. Floor-to-ceiling windows fill the space with natural light, while the modern open-concept layout makes it perfect for both end-users and investors.Enjoy world-class urban convenience: just steps from Wellesley and College subway stations, the underground PATH, University of Toronto, Toronto Metropolitan University, Yorkville shopping district, and five major hospitals. Walk to the Financial and Entertainment Districts in minutes.

Listed by HOMELIFE LANDMARK 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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