2502 - 121 Mcmahon Drive

Bayview Village, Toronto

2502 - 121 Mcmahon Drive, Bayview Village, Toronto

$549,000


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,098.00


About this Condo

in Bayview Village, Toronto

Welcome to "Tango" Condos! Beautifully designed 1-bedroom + study suite offering 590 sq ft of efficient, open-concept living, complemented by a spacious 96 sq ft balcony with stunning east-facing views-perfect for enjoying morning sun and city skyline vistas. This unit includes 1 parking space and 1 locker, providing both convenience and extra storage. The thoughtfully designed layout features a modern kitchen seamlessly flowing into the living and dining area, ideal for both everyday living and entertaining. The dedicated study area offers a versatile space for a home office or additional functionality. Residents enjoy access to premium condo amenities, including a fully equipped fitness centre, indoor whirlpool, party room, 24-hour concierge, guest suites, and more-delivering a comfortable and upscale lifestyle. Located in a highly sought-after neighbourhood, this property offers unmatched convenience. Just steps to public transit and minutes to major highways, commuting is effortless. Enjoy close proximity to shopping centres, IKEA, grocery stores, and a wide variety of restaurants, cafes, and daily essentials-all within a short distance. Perfect for professionals, first-time buyers, or investors looking for a well-connected urban lifestyle.

Listed by MAPLE LIFE 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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