Ph3 - 280 Simcoe Street

Chinatown, Toronto

Ph3 - 280 Simcoe Street, Chinatown, Toronto

$1,349,900

Bedrooms: 2

Bathrooms: 2

Living Area: 1,400 sqft

Price Per Sqft: $964.21

About this Condo

in Chinatown, Toronto

Features: Bright south-west facing windows with unobstructed views, providing lots of natural light and privacy. Wood-burning fireplace in the main living area. High ceilings on the penthouse level with potential for further height increase. Spacious den with glass sliding door, perfect for an office or potential 3rd bedroom. Renovated kitchen, washroom, and ensuite with modern finishes. Private underground parking. Rooftop patio with stunning city views. Well-maintained, luxury building with excellent 24-hour security. Convenient location near hospitals, parks, universities, and transit. Utilities and cable included in condo fees, offering great value. Tenants have lease until April 30 2026.

Listed by ROYAL LEPAGE ESTATE 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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