307 - 225 Merton Street

Mount Pleasant West, Toronto

307 - 225 Merton Street, Mount Pleasant West, Toronto

$618,000

Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $1,030.00

About this Condo

in Mount Pleasant West, Toronto

Welcome to 225 Merton St! Rarely offered beautiful and bright open concept 1 bedroom plus den in the heart of Midtown Toronto. This unit is situated in a prime location, 5 minute walk to Davisville Station, surrounded by shops, restaurants, parks, Beltline Trail and plenty of amenities just steps from both Yonge St and Mt Pleasant Rd. With 1parking and 1 storage locker, and all utilities included in the monthly maintenance fees, this unit is ideal for anyone looking to live in a quiet, clean, and friendly building in a safe and sought after community.

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA.

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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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