305 - 5740 Yonge Street

Newtonbrook West, Toronto

305 - 5740 Yonge Street, Newtonbrook West, Toronto

$489,000


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $978.00


About this Condo

in Newtonbrook West, Toronto

Welcome to "The Palm" Condos! Located in the heart of North York, this well-designed 1-bedroom + den suite offering 595 sq ft of functional living space, plus a 45 sq ft private balcony-perfect for enjoying fresh air and city views. This unit includes 1 parking space, adding extra convenience in a prime urban location. The Den provides a versatile space, perfect for a home office or study area. Residents enjoy a wide range of premium building amenities, including a gym, indoor pool, party room, and 24-hour concierge service, ensuring both comfort and convenience. This property offers exceptional accessibility. Just steps to the York Bus Terminal and Finch TTC subway station, commuting across the city is effortless. Surrounded by a vibrant neighbourhood with shopping centres, restaurants, cafes, and everyday essentials all within walking distance, this is urban living at its best-perfect for end-users and investors alike.

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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