2903 - 501 Yonge Street

Yonge Corridor, Toronto

2903 - 501 Yonge Street, Yonge Corridor, Toronto

$520,000

Bedrooms: 1

Bathrooms: 1

About this Condo

in Yonge Corridor, Toronto

Welcome to The Teahouse Condos! Experience modern urban living in this stylish residence, ideally located in the prime Yonge &College area. This beautiful one-bedroom plus den suite offers 497 sq. ft. of functional living space with a thoughtfully designed open-concept layout. The suite showcases a sleek contemporary kitchen with stainless steel appliances, floor-to-ceiling windows that fill the home with natural light, and high ceilings that enhance the open, airy atmosphere. Enjoy laminate flooring throughout and a north-facing view with unobstructed city view. Residents enjoy a wealth of luxurious amenities designed for comfort, wellness, and entertainment-including a state-of-the-art fitness centre, yoga studio, indoor pool and hot tub, elegant lounge and dining areas, a serene outdoor terrace and visitor parking. The building also offers 24-hour concierge service and beautifully curated common spaces that embody modern sophistication. Perfectly situated in the heart of downtown Toronto, just steps from the University of Toronto, Toronto Metropolitan University (formerly Ryerson), George Brown College, major hospitals, Queen's Park, TTC subway stations, and the upscale Bloor-Yorkville shopping district.

Listed by KW Living 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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