341 - 1005 King Street W

Niagara, Toronto

341 - 1005 King Street W, Niagara, Toronto

$359,900


Bedrooms: 0

Bathrooms: 1


About this Condo

in Niagara, Toronto

Still renting in King West because you think you need to save for something bigger? That might be the more expensive mistake. This smart 430 sq. ft. studio at DNA2 is proof that your first property does not need to be your forever property, it just needs to get you in. The layout actually works, with space for a bed, living area and dining table, and a Murphy bed would completely change the game here. You've got a proper front hall closet with built-ins, a great-sized bathroom, a locker, and low maintenance fees that cover almost everything except hydro. Set in a well-managed building with the streetcar at your door, you can walk to the Financial District, great bars, restaurants, cafés and more. Buy smart, build equity, then level up later.

Listed by KELLER WILLIAMS REFERRED URBAN REALTY.


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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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