2503 - 120 Homewood Avenue

North St. James Town, Toronto

2503 - 120 Homewood Avenue, North St. James Town, Toronto

$559,000


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $931.67


About this Condo

in North St. James Town, Toronto

Maintained 1-bedroom + Den unit offering a functional layout and an abundance of natural light through large windows. Situated in a highly sought-after downtown location, this unit is perfect for both end-users and savvy investors. Enjoy living in a well-managed building with exceptional amenities, including a rooftop pool, fully equipped fitness Centre, 24-hour concierge, as well as yoga, meeting, and party rooms. Unbeatable location just steps to TTC, parks, shopping, and top-rated restaurants, with easy access to the University of Toronto and Toronto Metropolitan University. An excellent opportunity offering outstanding value in a building with strong appreciation potential. The versatile den, enclosed for added privacy, is ideal as a second bedroom or a dedicated home office. The unit is currently tenanted, making it an excellent turnkey investment opportunity with immediate rental income for investors.

Listed by KW Living 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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