3714 - 197 Yonge Street

Yonge Corridor, Toronto

3714 - 197 Yonge Street, Yonge Corridor, Toronto

$479,000


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $798.33


About this Condo

in Yonge Corridor, Toronto

Prime Investment Opportunity in the Core of Downtown Toronto! Located directly across from Eaton Centre, this high-demand property offers unbeatable exposure in one of the city's most sought-after rental locations. Featuring award-winning design by Hariri Pontarini & Cecconi Simone, the unit boasts a functional open-concept layout with a modern kitchen, Centre island, and floor-to-ceiling windows with unobstructed city views. Positioned right above Queen subway station, with immediate access to Toronto Metropolitan University (TMU), the Financial District, St. Michael's Hospital, and the city's top shopping and entertainment - making it extremely attractive to quality tenants year-round. Strong rental potential in a location with consistently high demand. 100 Walk Score & 100 Transit Score - a true turnkey urban investment.

Listed by KW Living 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


     
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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