404 - 50 Power Street

Moss Park, Toronto

404 - 50 Power Street, Moss Park, Toronto

$649,000

Bedrooms: 3

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $649.00

About this Condo

in Moss Park, Toronto

Experience elevated downtown living in this stunning 3 bdrm, 2 bath condo at Home on Power by Great Gulf. Priced at approx. $650 per square foot, this represents outstanding value relative to comparable downtown units. The efficient three-bedroom layout is highly attractive for student and professional tenants, maximizing rental income potential. Over 1000sf of thoughtfully designed space. Featuring 11ft ceilings and floor-to-ceiling windows throughout. The sleek contemporary kitchen is outfitted with stainless steel appliances, modern cabinetry, and is open to the living/dining area, ideal for both entertaining and everyday living. Over 10K has been invested in premium automated blinds, adding comfort, convenience, and a refined finish throughout. The spacious primary retreat features a W/I closet and a private ensuite, while the additional bedrooms offer flexibility for families, professionals, or investors. Residents enjoy an exceptional range of amenities including an artist's studio, fitness and yoga facilities, pet spa, co-working and meeting lounges, and a community garden. Relax in the outdoor pool and steam rooms, entertain in the event space with caterer's kitchen, or unwind by the outdoor grills, fireplace, and resident lounge. All this is located in one of downtown Toronto's most vibrant neighbourhoods, steps to transit, universities, dining, shopping, parks, and the Distillery District. Parking readily available for lease in the building.

Listed by RE/MAX PRIME PROPERTIES.

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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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