2903 - 20 Edward Street

Bay Street Corridor, Toronto

2903 - 20 Edward Street, Bay Street Corridor, Toronto

$2,880,000

Bedrooms: 3

Bathrooms: 3

Living Area: 1,800 sqft

Price Per Sqft: $1,600.00

About this Condo

in Bay Street Corridor, Toronto

Rarely available, stunning lower penthouse at the prestigious Panda Condominiums offers an exceptional downtown Toronto living experience. Sun-filled and open-concept with floor-to-ceiling windows, the suite showcases breathtaking views of the CN Tower and Lake Ontario - truly iconic city scenery.Featuring 3 spacious bedrooms plus a large den that can easily function as a 4th bedroom, this home offers flexibility rarely found downtown. The balcony is located directly off the Family room, perfect for entertaining or relaxing above the city. The primary bedroom is a standout retreat with a large His & Hers walk-in closet, combining luxury and everyday practicality.Residents enjoy premium amenities including a fitness centre, yoga studio, and library lounge. Unmatched convenience with T&T Supermarket located on the building's main floor, surrounded by Toronto's best multicultural dining and vibrant city energy. Steps to Eaton Centre, Dundas Square, TTC subway, IKEA, Healthy Planet, and City Hall, and walking distance to University of Toronto, Toronto Metropolitan University (TMU, formerly Ryerson), and OCAD University.A prime downtown location blended with space, lifestyle, and long-term value - this is the true downtown Toronto experience,High rental potential due to the prime downtown location, proximity to major universities, excellent transit, and access to shopping, dining, and amenities. This suite offers strong and consistent rental rates for both student and professional tenants, making it an ideal investment property with reliable income potential

Listed by THE REAL ESTATE OFFICE 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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