508 - 38 Grenville Street

Bay Street Corridor, Toronto

508 - 38 Grenville Street, Bay Street Corridor, Toronto

$568,000


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $946.67


About this Condo

in Bay Street Corridor, Toronto

This stunning northeast corner unit delivers everything downtown Toronto buyers want: light, space, privacy, and an unbeatable location. Floor-to-ceiling windows wrap the suite in natural light from sunrise onward, while the oversized balcony extends your living space outdoors with skyline views. The open-concept layout features brand-new laminate flooring, smooth ceiling/freshly painted walls throughout, and a modern kitchen with granite countertops and stainless steel appliances - move-in ready with nothing to do but unpack. The enclosed den with sliding door functions seamlessly as a second bedroom, nursery, or private home office, giving you real flexibility in a 600+ sq ft footprint. A standout feature: no direct sightlines from neighbouring units - rare privacy for downtown condo living. Includes 1 underground parking spot and 1 locker - a major value-add in the core. Steps to Yonge Street, U of T, TMU, Queen's Park, major hospitals, Wellesley subway, top restaurants, shopping, and parks. Whether you're commuting to work, walking to class, or stepping out for dinner - everything is at your doorstep. 24-hour concierge, gym, indoor pool, party/meeting room, guest suites, and visitor parking. Perfect for first-time buyers, young professionals, parents purchasing for a student, or investors looking for a high-demand rental in a prime location. Opportunities like this don't last - book your showing today.

Listed by RE/MAX ONESTOP TEAM 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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