501 - 581 Avenue Rd Road

St. Clair, Toronto

501 - 581 Avenue Rd Road, St. Clair, Toronto

$495,000


Bedrooms: 2

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $495.00


About this Condo

in St. Clair, Toronto

This is an exceptional opportunity. There has not been a single unit in the building sold at this price since 2017! Discover an exceptional opportunity to own a spacious 2-bedroom, 2-bathroom suite in one of Toronto's most prestigious and vibrant neighbourhoods Deer Park. This inviting co-op residence offers unbeatable value, allowing buyers to secure a coveted address at a bargain price compared to nearby condos and houses. Priced well below market to reflect the monthly maintenance fees. Monthly fee includes everything: approximately $1,300 for core maintenance, plus property taxes, exclusive use parking, cable and high speed internet already bundled, for a total of about $1,700/month, so owners avoid paying these common expenses separately as in a typical condo.. This presents a rare opportunity to own in a superb location at an affordable entry cost with the price offsetting the elevated fees. Don't miss this opportunity! Enjoy a seamless urban lifestyle just steps from Yonge & St. Clair's top-tier dining, shopping, transit, and abundant green spaces. Whether relaxing in elegant living spaces or exploring the dynamic local scene, this home combines comfort and convenience in an exclusive setting. Enjoy city living at its finest don't miss your chance to move in and make it yours....Note, buyer must be Board approved - allow15 days.

Listed by RE/MAX REALTRON 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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