1602 - 955 Bay Street

Bay Street Corridor, Toronto

1602 - 955 Bay Street, Bay Street Corridor, Toronto

$499,000

Bedrooms: 1

Bathrooms: 1

About this Condo

in Bay Street Corridor, Toronto

Prime Bay Street corridor location in the true heart of downtown Toronto. 5-minute walk to U of T and Wellesley subway station. Bright and functional 1-bedroom, 1-bath suite offering a well-designed open-concept layout with east exposure. Laminate flooring throughout all unit. Includes a large, secure locker conveniently located on the same floor as the apartment approx. 10-minute walk to Toronto General Hospital, Mount Sinai Hospital, Bay Street Financial District, and Queen's Park. Steps to restaurants, shopping, Eaton Centre, Yorkville, and all amenities. Building features 24-hour concierge, fitness center, party room, theatre, library, amenities. Building features 24-hour concierge, fitness center, party room, theatre, library,

Listed by ROYAL LEPAGE TERREQUITY CAPITAL REALTY.

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Virtual Tour
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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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