2206 - 426 University Avenue

Chinatown, Toronto

2206 - 426 University Avenue, Chinatown, Toronto

$453,000

Bedrooms: 1

Bathrooms: 1

About this Condo

in Chinatown, Toronto

Welcome to The Residences at RCMI on prestigious University Avenue. This bright, south-facing 1-bedroom suite features 9-ft ceilings, floor-to-ceiling windows, laminate flooring, and a modern open-concept kitchen with granite countertops and integrated appliances. Enjoy unobstructed city views from the open balcony. The building with 24-hour concierge, gym, bike storage, and car-share facilities. Steps to St. Patrick subway, U of T, hospitals, Financial District, AGO, and Eaton Centre.

Listed by EXCEL-FIRST 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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