501 - 581 Avenue Road

St. Clair, Toronto

501 - 581 Avenue Road, St. Clair, Toronto

$479,500


Bedrooms: 2

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $479.50


About this Condo

in St. Clair, Toronto

Priced at half the price of a local condominium of similar size, this is your rare opportunity to own in Deer Park-one of Toronto's most prestigious neighbourhoods-just steps to Avenue Road and St. Clair and nearby to the Yonge and St Clair area with its abundance of restaurants, cafes and shopping. This spacious 2-bedroom, 2-bathroom suite offers exceptional value for this prime location, making it one of the most compelling entry points into a neighbourhood known for its elegance, convenience, and long-term desirability. Enjoy a refined urban lifestyle surrounded by boutique shops, cafés, top dining, parks, and transit-all within walking distance in this highly sought-after midtown enclave. The suite offers generous principal rooms and comfortable living space, ideal for downsizers, professionals, or buyers looking to secure a premier address at a more accessible price. Monthly carrying costs are straightforward and inclusive, with maintenance fees that include parking, providing simplicity and ease of ownership. Buyers who recognize location and long-term value will want to act. "Opportunities to enter Deer Park at this price level are rarely available-and rarely last." Board approval required (approx. 15 days). Mortgage available through Duca Credit Union.

Listed by RE/MAX REALTRON REALTY INC..


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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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