714 - 5 Hanna Avenue

Niagara, Toronto

714 - 5 Hanna Avenue, Niagara, Toronto

$799,000


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,141.43


About this Condo

in Niagara, Toronto

Rare, 2-storey 2 bedroom 775 sf loft with 1 parking at the prized Liberty Market Lofts. Curated wood design accents throughout the unit add warmth and zen feel - this property has the aesthetic appeal of what a loft should be. It's located on the quieter, less dense side of Liberty Village and it features floor-to-ceiling windows that let in abundant natural light and showcase beautiful sunsets over top of the protected heritage-designated buildings surrounding it. An excellent use of space greets you at the door with custom fit hallway closets with a thoughtful setback to widen the entryway. An updated bathroom (tiles, mirror, lights, toilet) sits on the right and is followed by ample space under the stairs for storage or a perfect spot for a work desk. The open concept kitchen features an updated subway tile backsplash, built-in dishwasher and granite countertops. A recessed 2nd bedroom gives room to relax listening to the record player. Upstairs primary bedroom allows for genuine separation, ideal for couples or anyone wanting a comfortable live-work setup, while still preserving a sense of openness and view. The generous walk-in closet, 2nd floor laundry (w/ new Whirlpool stacked washer/dryer) and updated bathroom (tiles, walls and toilet) complete the upstairs space. The building is exceptionally well-managed and has outstanding maintenance fees. Amenities include: 24 hour concierge, well-equipped gym, yoga studio and even a hard to find half basketball court. There are multiple executive meeting rooms, business centre, tool/utility room, lounge with a kitchen, wet bar and pool table. There is even an art gallery with rotating art installations. A 4900 sq. m. park is being built beside the building that this unit will overlook and cafes, multiple grocery stores, pubs, professional services are all walkable. GO train (Exhibition) and the future Ontario line is 200 metres away and BMO field is right there too. Enjoy the World Cup this summer from your doorstep!

Listed by REAL BROKER ONTARIO LTD..


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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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