503 - 500 Sherbourne Street
North St. James Town, Toronto
$725,000
Bedrooms: 2
Bathrooms: 2
Living Area: 800 sqft
Price Per Sqft: $906.25
About this Condo
in North St. James Town, Toronto
Welcome to The 500 Condos and Lofts- offering a true executive lifestyle living experience in the heart of downtown Toronto. Ideal for first time buyers, an executive couple working from home with the multiple boardrooms and lounges, or the buyer trading down from the big house in the suburbs. This spacious 2 full bedrooms plus 2 full baths is 863 sq. ft. as per floor plan attached is over 150 sq. ft. larger than the Toronto average for a 2 full bedrooms, 2 full baths of similar price. The versatile dining room easily converts into a 2nd home office. The bright, spacious layout features a modern separate kitchen with, modern full 2 bathrooms in-suite with walk in shower and modern tile. The unit features stunning wall to wall of windows in each room showcasing spectacular city views. This highly sought-after executive style building offers resort-style amenities: modern gym with free weights and cardio area, lounges, work area, games room, boardrooms, and expansive party room and lounge areas. Includes one parking and a storage locker, Plenty of visitor parking and 2 common EV charging stations. Experience unmatched value, space, and lifestyle -book your viewing and include a tour of the exceptional amenities. 5th floor large common terrace with BBQ's and lounge areas, on the 2nd floor, gym, games room, study rooms, guest suites and party room with kitchen. MaIn floor party room with walk out terrace and 2 common EV charging stations by underground visitor parking.
Listed by REAL ESTATE HOMEWARD.
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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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