1506 - 200 Victoria Street

Yonge Corridor, Toronto

1506 - 200 Victoria Street, Yonge Corridor, Toronto

$484,000

Bedrooms: 1

Bathrooms: 1

About this Condo

in Yonge Corridor, Toronto

Location! Location! Location!Own a prime investment condo in the heart of Downtown Toronto! This 478 sq ft bright and luxurious studio suite features a sleek Euro-style kitchen and modern finishes, located in the prestigious Pantages Hotel and Spa. An exceptional opportunity for short-term rentals generating top-dollar income, ideal for temporary corporate stays, business travelers, young professionals, and international students seeking the ultimate downtown lifestyle. Perfectly positioned directly across from Yonge-Dundas Square and the CF Toronto Eaton Centre, and just minutes to Toronto City Hall, Moss Park, University of Toronto, Toronto Metropolitan University, major hospitals, top-rated restaurants, the Financial District, and Queen Street shopping. TTC subway access is just steps away - offering unmatched connectivity and convenience. Live it. Lease it. Profit from it. A true turnkey downtown income property with strong rental demand year-round.

Listed by RE/MAX GOLD 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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