601 - 18 Maitland Terrace

Yonge Corridor, Toronto

601 - 18 Maitland Terrace, Yonge Corridor, Toronto

$409,000

Bedrooms: 0

Bathrooms: 1

About this Condo

in Yonge Corridor, Toronto

Welcome To Teahouse Condos In The Heart Of Downtown Toronto. An exceptional best-value real estate opportunity in the downtown core. Rarely offered east-facing studio featuring an ultra-high 12 ft ceiling and an oversized terrace nearly equal to the interior living space, significantly enhancing usable square footage and rental appeal. Bright and sun-filled suite with floor-to-ceiling windows, laminate flooring throughout, and a highly efficient layout. Modern kitchen with built-in appliances and contemporary finishes. The combination of high ceilings, corner exposure, and expansive outdoor space makes this unit stand out among downtown studios. Highly desirable for students and working professionals. Prime location near Yonge & Wellesley, steps to Wellesley Subway Station, and within walking distance to University of Toronto, Toronto Metropolitan University, major hospitals, Financial District, and major employment hubs. Exceptional transit connectivity and consistently strong rental demand. This condo is offering excellent potential for rental income, long-term appreciation, and low vacancy in one of Toronto's most sought-after downtown neighbourhoods.

Listed by RE/MAX IMPERIAL REALTY 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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