3912 - 488 University Avenue
Chinatown, Toronto
$709,900
Bedrooms: 1
Bathrooms: 1
Living Area: 600 sqft
Price Per Sqft: $1,183.17
About this Condo
in Chinatown, Toronto
Experience elevated downtown living at The Residences of 488 University Avenue. Situated on the 39th floor, this west-facing 1 bedroom + den suite offers 617 sq ft of thoughtfully designed living space plus an oversized 132 sq ft balcony with sweeping panoramic city views including the CN Tower. The modern kitchen features sleek cabinetry, integrated European appliances and under-cabinet lighting. Floor-to-ceiling windows bring in natural light throughout, while custom blinds add comfort and privacy. The separate den with sliding glass doors is ideal for a home office or study space. The primary bedroom connects to the spa-inspired bathroom with freestanding soaker tub, separate glass shower, ensuite laundry, and walk-through closet with built-in closet organizers. Direct access to St. Patrick subway station and steps to UHN hospitals, Sick Kids, U of T, OCAD, Queen's Park, the Financial District, shopping, dining, and entertainment. Residents enjoy access to the 40,000 sq ft SkyClub fitness and wellness facility with an 80 ft lap pool, fitness centre, steam rooms, saunas, concierge, and more.
Listed by REAL BROKER ONTARIO LTD..
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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
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| * This material is for informational purposes only. | |||
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