1608 - 238 Simcoe Street

University, Toronto

1608 - 238 Simcoe Street, University, Toronto

$896,000

Bedrooms: 2

Bathrooms: 2

Living Area: 800 sqft

Price Per Sqft: $1,120.00

About this Condo

in University, Toronto

Brand new unit in 842 sq ft South West corner with wrap around windows two bedrooms with 1 parking, Huge Terrace, which is very different from other units. Great layout and view. LOCATION is Everything, and Artists Alley Nails it: Just a 3-Minute Walk to St. Patrick Station, 10-minute to the University of Toronto, and a Quick 10-Minute Stroll to Eaton Centre, Major Hospitals and the Financial District. Whether You are A Student, Professional, Investor, or Someone who loves the downtown lifestyle, this unit places you right in the heart of it all.

Listed by DREAM HOME 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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