204 - 308 Palmerston Avenue

Bellwoods, Toronto

Open House Apr 5th, 2-4PM
204 - 308 Palmerston Avenue, Bellwoods, Toronto

$549,000


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $915.00


About this Condo

in Bellwoods, Toronto

The centre of it all in Little Italy. Fifteen years ago, the current homeowners settled at 308 Palmerston Ave. #204 in the heart of Little Italy. The couple was drawn to its bright and airy feel, with natural light filling the space all day. Juliet balconies in the living room and bedroom frame part of the CN Tower in the distance, a subtle reminder of everything the city offers just beyond. They loved the den's flexibility, large enough to spread out their work or roll out a yoga mat. The adjacent kitchen and ensuite laundry made it easy to keep an eye on the sauce while a load of laundry spins. What really made this home special extended past its walls. Countless milestones were celebrated in the party room. Hallway run-ins that turned into real friendships. The steady presence of a friendly concierge made them feel safe and cared for. But what sold them on the place was the neighbourhood, still thriving today. Strolls down historic, tree-lined Annex streets. Dinners at DaiLo's Vietnamese fusion and Raval's Spanish tapas in a hidden courtyard. Free cheese samples and vintage finds at Kensington Market. The indie vibe of Queen West's trendy cafes and Drake Hotel haunts. Trinity Bellwoods for frisbee games and buskers under shady oaks. Dim sum slurped from steamy carts at spots like Dim Sum King in Chinatown. No car required. Everything's within walking distance or a short transit ride, making the location liveable year-round. Little Italy is vibrant and connected but not loud and obnoxious. Set within a residential pocket, they truly had the best of both worlds. Reading this, you're likely wondering, "why are they moving?" Their family is growing and a backyard is calling. The memories they'll take with them, but the rest stays here for someone new.

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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