#404 - 40 Homewood Avenue

South St. James Town, Toronto

#404 - 40 Homewood Avenue, South St. James Town, Toronto

$510,000


Bedrooms: 1

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $728.57


About this Condo

in South St. James Town, Toronto

Welcome to the Residences of Homewood. This spacious one bedroom unit has the perfect open concept layout. Updated modern kitchen with centre island great for entertaining. This highly sought after building features the following amenities: Indoor year round pool, full gym with cardio, party room, outdoor BBQ area & boardrooms. Step outside to your east facing balcony which is ideal for summer with the beautiful blossoming trees. Situated in the heart of Cabbagetown. This is the largest one bedroom unit in the building. Custom closets in primary bedroom. Lots of storage space. 790 sq.ft. & balcony. Included in maintenance: heating, water, hydro, cable & internet.

Listed by SOUTHVALE REALTY INC..


Photo 0 at #404 - 40 Homewood Avenue, South St. James Town, Toronto

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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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