2007 - 55 Centre Avenue

Bay Street Corridor, Toronto

2007 - 55 Centre Avenue, Bay Street Corridor, Toronto

$534,900


Bedrooms: 1

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $764.14


About this Condo

in Bay Street Corridor, Toronto

Beautifully renovated and impeccably styled, this oversized one-bedroom plus solarium offers sophisticated urban living in the heart of downtown. The open-concept living and dining area flows effortlessly into the bright solarium, featuring floor-to-ceiling windows and rich hardwood floors-perfect for a home office, reading nook or 2nd bedroom. The custom-designed modern kitchen impresses with quartz countertops, full-size stainless steel appliances, a built-in microwave, and abundant cabinetry and workspace. The spacious primary bedroom includes a walk-in closet with custom organizers and a striking bay window framed by floor-to-ceiling glass and hardwood flooring. The sleek, updated bathroom features a walk-in tiled shower with a built-in bench and a custom mirrored vanity. With all-inclusive maintenance fees (excluding hydro), this suite is the perfect blend of comfort and convenience. Ideally situated at University and Dundas, you're steps to Public Transportation, the Eaton Centre, Hospital Row, U of T, Toronto Metropolitan University, and an array of shops, cafes, and restaurants-everything downtown living has to offer.

Listed by LPT 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


     
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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