517 - 8 Olympic Garden Drive

Newtonbrook East, Toronto

517 - 8 Olympic Garden Drive, Newtonbrook East, Toronto

$450,000

Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $900.00

About this Condo

in Newtonbrook East, Toronto

Prime location in North York at Yonge/Cummer. The brand new 1 BR + Den unit is in the most in-demand location in the heart of North York. Laminate flooring. Open-concept kitchen, living and dining room. Features include a luxury kitchen with quartz countertops, built-in appliances, soft-close cabinetry. Amenities include a gym, party room, visitor parking, 24/7 concierge, business center, wellness area, fitness center, landscaped courtyard garden, yoga studio, outdoor yoga deck, weight training and cardio equipment, saunas, movie theatre and games room, outdoor lounge and BBQ areas, indoor party rooms, and guest suites. Just 3 minutes to TTC Finch Subway Station and GO Bus, and steps to schools, parks, restaurants, and shopping centers. Maintenance fee covers free internet. New wall painting.

Listed by FENGHILL 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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