305 - 88 Charles Street E

Yonge Corridor, Toronto

305 - 88 Charles Street E, Yonge Corridor, Toronto

$349,900

Bedrooms: 0

Bathrooms: 1

About this Condo

in Yonge Corridor, Toronto

Great opportunity for first-time buyers or investors!Ideal for students attending U of T or TMU - own while you study, with the flexibility to keep as an investment or sell after graduation. Unique studio in the historic Waldorf Astoria featuring a smart, functional layout, full kitchen, ensuite laundry, and quiet garden view. Well-proportioned space rarely found in many newer condos. Steps to subway, hospitals, Yorkville, Church-Wellesley Village and Yonge & Bloor PATH (99 Walk Score). Low maintenance fees include all utilities. Monthly parking options are available nearby for those who require it. An excellent alternative to renting in a highly sought-after location.

Listed by SUTTON GROUP-ADMIRAL 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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