412 - 38 Elm Street

Bay Street Corridor, Toronto

412 - 38 Elm Street, Bay Street Corridor, Toronto

$429,000

Bedrooms: 1

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $612.86

About this Condo

in Bay Street Corridor, Toronto

Welcome to Minto Plaza - Unit 412, a roomy 756 sq ft one-bedroom suite with coveted south-west exposure and an open balcony, offering generous living and dining areas and including both parking and a locker. Perfectly situated in the heart of downtown, you're steps from the TTC subway, Eaton Centre, Yonge-Dundas Square, UofT, TMU, major hospitals and the PATH, placing Toronto's best shopping, dining and entertainment at your fingertips. Life at Minto Plaza includes 24-hour concierge/security and an array of amenities-indoor pool, whirlpool, gym, sauna, party rooms and a rooftop deck/garden-all while heat, hydro, water and building insurance are covered in the maintenance fees. If you're looking for abundant space and unbeatable convenience in one of Toronto's most connected neighbourhoods, Unit 412 offers a standout opportunity.

Listed by STRATA REAL ESTATE.

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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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