317 - 120 Varna Drive

Lawrence, Toronto

317 - 120 Varna Drive, Lawrence, Toronto

$644,999


Bedrooms: 2

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $1,075.00


About this Condo

in Lawrence, Toronto

Yorkdale Condo 2 Listed to sell. Perfect opportunity for all investors, first time home buyers and new families starting up. This 3 year "new" building features a true luxury suite with 2 bedrooms, 1 full bathroom, 1 parking, 1 Locker, ensuite laundry, smooth ceilings, huge Terrace to enjoy. "Luxury" building located a few steps to Yorkdale Mall and at the Yorkdale Subway Line.Bedrooms Apart from each other with more privacy and stainless steel appliances. Building features 24 hrs security concierge,party room, exercise room, outdoor patio, visitors parking and more. One underground parking and one storage locker owned and included. Steps to Yorkdale Mall and Subway for your convenience. For investors, its currently tenanted bringing in $2850.00 a month in rent. Do not let this opportunity pass you by.

Listed by RE/MAX EXPERTS.


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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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