3421 - 230 Simcoe Street

Chinatown, Toronto

3421 - 230 Simcoe Street, Chinatown, Toronto

$519,900

Bedrooms: 1

Bathrooms: 1

About this Condo

in Chinatown, Toronto

Very new one-bedroom condo perfectly situated in the heart of downtown Toronto. This spacious and elegantly designed unit features a contemporary open-concept layout with premium finishes and an abundance of natural light. Ideal for young professionals, students, or anyone seeking a stylish urban retreat.Enjoy a large balcony with breathtaking city views, offering the perfect outdoor space for relaxing or entertaining. Located just steps from Toronto's best world-class dining, shopping, entertainment, and cultural attractions.Exceptional transit accessibility, with quick access to the subway, streetcars, and major highways. Close to the University of Toronto, Toronto Metropolitan University (formerly Ryerson), and the Financial District, making this an outstanding opportunity for both end users and investors.

Listed by SUNSHINE REALTY BROKERAGE 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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