2108 - 40 Homewood Avenue
South St. James Town, Toronto
$399,000
Bedrooms: 1
Bathrooms: 1
About this Condo
in South St. James Town, Toronto
Welcome to 40 Homewood Ave, Suite 2108 a large bachelor smartly converted into a functional 1-bedroom, offering a comfortable layout and excellent value in the heart of the city. Enjoy open-concept kitchen and living area with laminate flooring, plus a nicely updated 4-piece bath. Step out onto the full-width balcony and take in panoramic skyline views of Toronto.This is a solid, well-managed building with a healthy reserve fund and major upgrades completed, including windows, elevators, main entrance, exercise room, and indoor pool. Built in 1972, residents enjoy 24-hour concierge, storage locker, bike storage, and underground parking available for rent (approx. $100/month).
Listed by ROYAL LEPAGE SIGNATURE 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
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| * This material is for informational purposes only. | |||
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