306 - 725 King Street W

Niagara, Toronto

306 - 725 King Street W, Niagara, Toronto

$665,000


Bedrooms: 2

Bathrooms: 2

Living Area: 900 sqft

Price Per Sqft: $738.89


About this Condo

in Niagara, Toronto

Suite #306 at The Summit is a two-bedroom, two-bathroom condo that's been done right. The split layout is bright and open, with south-facing floor-to-ceiling windows that wrap around the living room and offer views of the gardens below. The kitchen is well-appointed with granite countertops, stainless steel appliances, and a breakfast bar that makes the space feel lived-in and welcoming. The primary bedroom is a proper retreat. A custom dressing room with pocket doors, built-in organizers and a makeup vanity leads into a four-piece ensuite with a deep soaking jacuzzi tub. Blackout blinds and plenty of natural light give you the best of both worlds. The second bedroom is quiet and versatile, with a Murphy bed for guests when needed. The three-piece bathroom is well finished, with a glass-enclosed shower, a built-in bench, and a rainfall showerhead. The building has everything you'd want: 24-hour concierge, gym, indoor and outdoor pools, sauna, racquet court, theatre room, and landscaped outdoor space with BBQ and picnic areas. The location is just as strong, with the TTC & the upcoming Ontario Line steps away, restaurants and cafés along King Street, and Stanley Park within walking distance.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM.


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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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