505 - 25 Maitland Street

Yonge Corridor, Toronto

505 - 25 Maitland Street, Yonge Corridor, Toronto

$469,000

Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $781.67

About this Condo

in Yonge Corridor, Toronto

Welcome to The Cosmopolitan - an exceptionally well-managed, family-friendly residence offering outstanding value in one of downtown Toronto's most connected and desirable neighbourhoods. Enjoy the rare convenience of parking and all utilities included in the maintenance fees for truly effortless urban living.Perfectly positioned just steps from Wellesley Station, this expansive 674 sq. ft. suite presents an incredible opportunity to create a refined city residence tailored to your personal vision. The thoughtfully designed layout is enhanced by two walkouts to a private balcony from both the living room and bedroom, inviting an abundance of natural light throughout the space.The generously sized primary retreat features exceptional storage rarely found in condominium living, including a walk-in closet, an additional double closet, and a separate linen/storage closet - ideal for sophisticated downtown living, down-sizers seeking comfort without compromise, or discerning first-time buyers.Residents enjoy an impressive collection of resort-inspired amenities, including 24-hour concierge service, a stunning rooftop pool and lounge with skyline views, fitness centre, sauna, elegant guest suites, visitor parking, and an entertainment lounge with billiards.Experience the very best of Toronto at your doorstep, moments from the subway, University of Toronto, Toronto Metropolitan University, Yorkville, CF Toronto Eaton Centre, upscale boutiques, celebrated dining, the LCBO, and endless lifestyle conveniences.A rare opportunity to invest, renovate, and elevate in the heart of the city.

Listed by ROYAL LEPAGE URBAN 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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