PH101 - 426 University Avenue
Chinatown, Toronto
$499,000
Bedrooms: 1
Bathrooms: 1
Living Area: 700 sqft
Price Per Sqft: $712.86
About this Condo
in Chinatown, Toronto
Welcome to the unique RCMI condo in the heart of Downtown Toronto. Experience elevated urban living in this 740 sq. ft. penthouse suite, offering breathtaking, unobstructed southwest views. This thoughtfully designed 1-bedroom plus den floor plan provides exceptional versatility, as the den can function perfectly as a second bedroom. The interior features expansive floor-to-ceiling windows that flood the space with natural light, soaring 9-foot ceilings, and a modern kitchen complete with granite countertops and a functional island. Heat pump replaced in August 2024. Situated in a meticulously maintained non-smoking building, residents enjoy premium amenities including a 24-hour concierge, fitness centre, and bicycle storage. Ideally situated at the intersection of heritage and innovation, the Residences at RCMI boasts a perfect 100 Transit Score and 99 Walk Score, anchored directly between St. Patrick and Osgoode stations for effortless city-wide access. This premium address commands a "blue-chip" position within Toronto's Discovery District, placing residents steps from Hospital Row, the University of Toronto, and the Financial District. Whether you are exploring the trendsetting boutiques of Queen West, the world-class shopping at the CF Toronto Eaton Centre, or the cultural pulse of the Entertainment District, this location offers an unparalleled urban lifestyle where global commerce meets the city's finest dining and entertainment. Note: some photos virtually staged.
Listed by ROYAL LEPAGE TERREQUITY 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
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| * This material is for informational purposes only. | |||
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