2507 - 55 Centre Avenue
Bay Street Corridor, Toronto
$560,000
Bedrooms: 1
Bathrooms: 1
Living Area: 700 sqft
Price Per Sqft: $800.00
About this Condo
in Bay Street Corridor, Toronto
Experience connected downtown living in this bright and versatile one-bedroom plus solarium suite, ideally positioned in the heart of the city. With a well-considered layout and expansive windows framing dynamic city views, the space feels open, airy, and effortlessly functional.The open-concept living and dining area is filled with natural light, creating an inviting setting for both quiet evenings and casual gatherings. The kitchen is equipped with full-sized appliances and offers seamless flow into the main living space, making everyday routines simple and efficient.A sun-filled solarium extends the footprint of the suite and offers exceptional flexibility. Whether used as a home office, reading lounge, guest area, or additional sleeping space, it adapts easily to changing needs. The primary bedroom is generously proportioned, complete with ample closet space and large windows that continue the bright, open feel throughout.One underground parking space is included, a valuable feature in this central location.Just steps to St. Patrick subway station, Toronto's hospital network, the Financial District, Eaton Centre, and the University of Toronto, the building places you at the centre of it all. Shops, restaurants, and cultural destinations surround the address, offering a truly walkable urban lifestyle.A thoughtfully laid-out suite combining flexibility, light, and immediate access to the best of downtown Toronto.
Listed by RE/MAX PROFESSIONALS SIDOROVA INWOOD REALTY.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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
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| * This material is for informational purposes only. | |||
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