2805 - 488 University Avenue

University, Toronto

2805 - 488 University Avenue, University, Toronto

$883,888

Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,262.70

About this Condo

in University, Toronto

Discover 488 University Avenue, an Award-Winning Residence in Downtown Toronto with direct access to St. Patrick subway. Unobstructed East view. Bright Unit, 9' floor-to-ceiling windows, Higher-End Kitchen, Appliance, Hardwood floors, and a spacious Full size balcony with city views. Steps from U of T, OCAD, Hospitals, City Hall, Path, Financial District, and Eaton Centre, its the ultimate urban address. Enjoy Resort-style Amenities including Indoor Pools, full Fitness facilities, Spa, Lounges, 24Hr Concierge and Valet Service.

Listed by BENCHMARK SIGNATURE 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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