205 - 456 College Street

Little Italy, Toronto

205 - 456 College Street, Little Italy, Toronto

$489,900


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $816.50


About this Condo

in Little Italy, Toronto

Set within a character-filled building with roots dating back to 1885, the property offers a unique ownership opportunity in a neighbourhood where opportunities like this are few and far between. This 1+den suite offers a functional layout with a spacious bedroom and separate den, ideal for a home office, guest space, or added everyday flexibility. With just under 700 square feet, it also represents one of the rare opportunities in the city to purchase this much space for under $500,000. Positioned at the corner of College and Bathurst in the heart of Little Italy, this residence combines character, value, and convenience in one of downtown Toronto's most vibrant neighbourhoods. Residents enjoy ensuite laundry, transit at the doorstep, a 99 Walk Score, and boutique amenities including a 7th floor gym, sauna, party room, and rooftop terrace with sweeping city views. Steps to acclaimed restaurants, cafés, shops, and local favourites, and just minutes to U of T, Queen's Park, the hospital district, and the downtown core, this is a compelling option for first-time buyers who want to live in one of Toronto's best locations!

Listed by SAGE REAL ESTATE LIMITED.


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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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