925 - 251 Jarvis Street

Yonge Corridor, Toronto

925 - 251 Jarvis Street, Yonge Corridor, Toronto

$699,900

Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $999.86

About this Condo

in Yonge Corridor, Toronto

Prime and highly convenient location in the heart of downtown Toronto, just steps (approx. 500m) to CF Toronto Eaton Centre and with TTC access right at your doorstep. This bright and well-appointed 2 bedroom, 2-bathroom suite offers approximately 751 sq ft of interior living space, featuring an efficient layout with a primary bedroom complete with a private ensuite and walk-in closet. Both bedrooms are enhanced by large windows, allowing for abundant natural light throughout the day. Ideally positioned within the building, the unit enjoys exceptional exposure with east, south, and west views, creating a sun-filled and comfortable living environment.Step outside to a rare wraparound terrace (approx. 272 sq ft) showcasing stunning southwest city views-perfect for relaxing or entertaining. Currently leased to an Airbnb management company at a net monthly rent of $3,180. Tenant is willing to stay or can provide 60 days' notice to vacate, offering flexibility for both investors and end-users. The unit includes one parking space and a conveniently located same-floor locker. Situated close to major amenities including Toronto Metropolitan University, George Brown College, hospitals, banks, and the financial district. Residents enjoy premium building amenities, including a spectacular 16,000 sq ft rooftop terrace, 24-hour concierge/security, visitor parking, and BBQ facilities.A fantastic opportunity to own a bright, spacious unit in one of downtown Toronto's most desirable and connected locations.

Listed by HOMELIFE GOLD PACIFIC REALTY INC./JOYNET 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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