1904 - 238 Simcoe Street

Chinatown, Toronto

1904 - 238 Simcoe Street, Chinatown, Toronto

$918,000

Bedrooms: 2

Bathrooms: 2

Living Area: 800 sqft

Price Per Sqft: $1,147.50

About this Condo

in Chinatown, Toronto

Welcome to the Brand New Artists Alley Condo at 238 Simcoe Street, located in the vibrant heart of downtown Toronto. This bright and spacious 2-bedroom, 2-bathroom unit offers a clear unobstructed southeast view and features balcony, floor-to-ceiling windows, and a modern open-concept layout. The kitchen with quartz countertops, ceramic tile backsplash, stainless steel and paneled appliances.Enjoy unbeatable access to the Subway, University of Toronto, OCAD, AGO, and countless restaurants, cafes, and entertainment just steps away.

Listed by BAY STREET GROUP 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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