1203 - 705 King Street W

Niagara, Toronto

1203 - 705 King Street W, Niagara, Toronto

$489,000


Bedrooms: 1

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $698.57


About this Condo

in Niagara, Toronto

Welcome to The Summit at 705 King St West, a bright and spacious 746 sq ft 1+1 bedroom condo on an upper-floor, offering more living space than many condos built today and ideally located in a quieter part of King West, just west of Bathurst. Featuring an oversized bedroom and a versatile den with floor-to-ceiling windows that can be used as a guest bedroom or office, along with unobstructed views, brand new kitchen countertops, and no carpet throughout, this thoughtfully maintained suite offers a functional and inviting layout in one of downtown Toronto's most desirable neighbourhoods. Enjoy the convenience of a 24-hour King Street streetcar just steps from your door and the future Ontario Line subway already in the works nearby. The building offers true resort-style living with outstanding amenities including an indoor pool, sauna, gym, squash courts, theatre, visitor parking, guest suites, and more. A beautifully landscaped outdoor area surrounded by lush green space and mature trees, with lounge seating, an outdoor pool, and BBQ facilities, provides the perfect setting to unwind from the energy of the city and entertain guests. Enjoy added peace of mind with 24-hour building security, controlled access, professional management, and concierge service. Additional features include an ensuite locker and same-floor laundry.A grocery store is conveniently located on the main floor of the building, and you are surrounded by the best of King West and Queen West dining, shopping, and entertainment, including The Well, nearby bike paths, and the vibrant residential neighbourhoods to the north. Easy commuting in and out of the city is simple via Lakeshore Boulevard and the Gardiner Expressway.

Listed by FOREST HILL REAL ESTATE 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:
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CMHC Prem.:
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* This material is for informational purposes only.

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