1603 - 705 King Street W

Niagara, Toronto

1603 - 705 King Street W, Niagara, Toronto

$599,999


Bedrooms: 1

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $857.14


About this Condo

in Niagara, Toronto

Spacious 1-bedroom plus den residence featuring fresh renovations, exposed brick wall, and exposed concrete ceilings for a modern, loft-inspired feel. Recently renovated bathroom and an energy-efficient heat pump (under 3 years old) add comfort and peace of mind. Floor-to-ceiling windows provide excellent natural light, complemented by generous in-unit storage. Located in the heart of vibrant King West, within the highly regarded Summit building community, offering an unmatched lifestyle and amenities including indoor and outdoor pools, fully equipped gym, private movie theatre and cinema room, in house library, boardroom, seminar room, study area, the Spa and four squash courts. A truly rare and unique feature is the expansive green outdoor space-complete with a four BBQ areas, and landscaped grounds-an oasis rarely found in downtown Toronto. Just steps to hundreds of restaurants, bars, theatres, streetcar access, and the future Ontario Line station. An exceptional opportunity to enjoy urban living with resort-style amenities in one of Toronto's most sought-after neighbourhoods. There are 2 washers and Dryers on each floor, which is coin operated, could save tons on Hydro bill. Maintenance fee includes internet and if the buyers don't need a parking they could opt out and save on the maintenance fee.

Listed by EXP REALTY.


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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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