1002 - 71 Simcoe Street

Bay Street Corridor, Toronto

1002 - 71 Simcoe Street, Bay Street Corridor, Toronto

$700,000

Bedrooms: 1

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $700.00

About this Condo

in Bay Street Corridor, Toronto

Wrapped in the charm of King & University, this suite sits in the heart of the city with a Walk Score of 100, directly across from the timeless beauty of Roy Thomson Hall-Symphony Place at its most poetic. Tucked within a classic boutique building, this one-bedroom plus den feels like a quiet retreat above the rhythm of the Entertainment District, shared with only a handful of neighbours on the same floor.The home opens into a spacious layout where calm and comfort meet. The primary bedroom features a serene 5-piece ensuite with a jacuzzi-your own private sanctuary-while a separate powder room welcomes guests with ease. The custom kitchen, rich with storage and character, includes a charming pass-through window perfect for sharing late-night snacks, morning coffees, or a glass of wine as music drifts in from the city below.An exclusive parking space sits beside an oversized private locker room, offering rare convenience in the downtown core. Steps from St. Andrew Station, theatres, restaurants, and the PATH, this is a place where the city's energy surrounds you, yet your home remains a peaceful escape.

Listed by HOMELIFE LANDMARK 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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