702 - 225 Sumach Street
Regent Park, Toronto
$359,900
Bedrooms: 0
Bathrooms: 1
About this Condo
in Regent Park, Toronto
Don't miss this incredible opportunity to immerse yourself in the heart of the city! This modern studio is 393 sqft + a 30 sqft balcony and offers a combination of location, amenities, functional layout and lifestyle. Recently constructed, this spacious studio suite boasts an efficient layout, high ceilings, and a modern kitchen complete with built-in appliances. Enjoy the convenience of ensuite laundry, a separate locker for storage, balcony and a 4Pc bath. The building itself is a modern masterpiece, packed with top-notch amenities including an outdoor terrace with BBQs, a spacious gym, co-working space, a kids zone, and a vibrant party room. With TTC and highway access nearby, as well as the Pam McConnell Aquatic Centre next door, you'll have everything you need within reach. Parks, schools, shopping, and dining options are all just steps away, making this property an ideal investment or pied-a-terre.
Listed by RE/MAX CONDOS PLUS CORPORATION.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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
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| * This material is for informational purposes only. | |||
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