1031 - 38 Grand Magazine Street

Niagara, Toronto

1031 - 38 Grand Magazine Street, Niagara, Toronto

$448,000


Bedrooms: 1

Bathrooms: 1


About this Condo

in Niagara, Toronto

Live where Toronto was born. Rich with history yet thoroughly modern, this light-filled and flawlessly laid-out suite is where home and legacy become one. This is your grand opportunity to own a piece of Toronto's origin story. The contemporary kitchen, featuring full-size stainless steel appliances, flows seamlessly into a stylish open-concept dining and living area. Thoughtful details includes high ceilings, a spacious primary bedroom, and a sleek 3-piece bathroom with ensuite laundry. Best of all, double walk-outs from both the living room and bedroom open onto your oversized east-facing balcony - the perfect place to savour morning sunrises with your coffee and host unforgettable evening gatherings with friends and family. Storage is abundant and smartly designed, with two double closets featuring built-ins, custom hallway cabinetry, and a private locker. Your four-season wardrobe will thank you. Premium resort-style amenities include: 24/7 concierge, a fully equipped gym with free weights, cardio machines, and yoga studio, party room, media room, billiards and table tennis, library, conservatory, bike storage, guest parking, guest suites, and a rare pet spa - all complemented by a massive rooftop terrace featuring a heated outdoor pool and BBQs. Right outside your front door, you're surrounded by lush lakeside parks, scenic waterfront trails, and world-class sports, arts, and entertainment venues, including The Bentway, Fort York National Historic Site, Exhibition Place, BMO Field, and STACKT Market. Top-shelf shopping and dining in King West and Queen West are moments away, with the Bathurst and Fleet streetcars at your doorstep and quick access to the Gardiner Expressway for easy escapes to the countryside. Or, even better yet! Walk to Billy Bishop Airport in minutes and be on your way to the Bahamas! Meticulously maintained and move-in ready, this is a front-row lifestyle of convenience, comfort, and authentic Canadian heritage.

Listed by PSR.


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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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