302 - 55 Lombard Street

Yonge Corridor, Toronto

302 - 55 Lombard Street, Yonge Corridor, Toronto

$825,000


Bedrooms: 1

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $825.00


About this Condo

in Yonge Corridor, Toronto

Rarely offered corner suite in an intimate boutique building in the heart of downtown Toronto! This oversized and beautifully renovated 1-bedroom (could be 2) + den suite offers approximately 1,100 sq. ft. of stylish living space with west and north exposures, an abundance of windows, and incredible natural light throughout. Fully redesigned from the studs out, this turnkey residence blends modern finishes with timeless character including engineered hardwood flooring, a wood-burning fireplace with updated black granite mantle and hearth, custom built-ins, pot lights throughout, and remote-control blinds.The stunning custom kitchen features white cabinetry, quartz countertops and backsplash, floor-to-ceiling pantry storage, open shelving, updated appliances, sleek hood fan, and modern fixtures. The spacious primary bedroom was expanded and includes glossy grey tile flooring and custom floor-to-ceiling cabinetry. Both bathrooms have been fully renovated with upscale finishes, custom cabinetry, towel warmer and bidet upgrades. Expanded laundry room with new washer and dryer. New heat pump (2024). Five operable casement windows. Boutique building amenities include concierge service, a spectacular rooftop terrace with heated outdoor pool redesigned by a landscape architect, party/meeting room, and a beautifully landscaped courtyard garden with fountain. Steps to St. Lawrence Market, transit, dining, shopping, and the Financial District. Exceptional value for downtown living.

Listed by ZOLO 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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