2412 - 197 Yonge Street
Yonge Corridor, Toronto
$415,000
Bedrooms: 0
Bathrooms: 1
About this Condo
in Yonge Corridor, Toronto
Welcome to elevated urban living at 197 Yonge St, Suite 2412 - a bright and modern studio perfectly designed for those who want to be in the heart of downtown Toronto. Perched on a high floor with sweeping city views, this thoughtfully laid-out unit features 9' ceilings, floor-to-ceiling windows, a contemporary kitchen with quartz countertops, and a functional layout that maximizes both living and sleeping space.This is an excellent turnkey investment opportunity with a tenant already in place, offering immediate rental income from day one. Buyer to assume existing tenant.Ideally located directly across from the Eaton Centre and Yonge-Dundas Square, with immediate access to Queen Subway Station, the Financial District, Toronto Metropolitan University, University of Toronto, St. Michael's Hospital, and endless dining, shopping, and entertainment.Residents enjoy access to premium amenities including a 24-hour concierge, rooftop lounge, garden terrace, guest suites, and more.Whether you're looking to grow your portfolio or secure a centrally located asset, this unit represents exceptional value in one of Toronto's most sought-after locations.
Listed by REVEL REALTY INC..
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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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