406 - 562 Eglinton Avenue E

Mount Pleasant East, Toronto

406 - 562 Eglinton Avenue E, Mount Pleasant East, Toronto

$399,900


Bedrooms: 1

Bathrooms: 1


About this Condo

in Mount Pleasant East, Toronto

Welcome to Soho Bayview Lofts, a rare opportunity to own a great one bedroom loft conversion penthouse with ten foot high ceilings. Situated along the Eglinton East corridor with the newly opened LRT at your doorstep which means you can leave your car at home. The property features an open concept layout, with a bedroom that has a closet with built in organizers as well as having custom closet organizers in the laundry room and front hall. Surrounded by an array of amenities, including trendy shops, cafes, restaurants, and parks, the area continues to experience significant growth. Well run building with just 40 units, so it is always quiet, and has a small gym, barbecue area and pool table.

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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