1001 - 426 University Avenue

Chinatown, Toronto

1001 - 426 University Avenue, Chinatown, Toronto

$499,900


Bedrooms: 1

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $714.14


About this Condo

in Chinatown, Toronto

Motivated Seller! Location! Location! Right at the core of downtown Toronto, modern architecture, filled with characters and charms. Revitalized within is the headquarters of Royal Canadian Military Institute! *Freshly Painted, Functional and Practical 1+den layout, 740 Sq Ft, 9' smooth ceiling, floor to ceiling window with upgraded roller blinds, Juliette balcony. *Spacious den used to be the 2nd bedroom or used as home office for two. *Designer kitchen with built-in integrated panel appliances, granite counter top, huge centre island with breakfast bar/dinning table *Steps to St. Patrick subway, street car, AGO, U of T, OCAD, TMU and 5 University Health Network hospitals! *Perfect timing to own a piece of unique property. Opportunity knocks, not to be missed!

Listed by HOMELIFE GOLD PACIFIC 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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