2601 - 38 Grenville Street

Bay Street Corridor, Toronto

2601 - 38 Grenville Street, Bay Street Corridor, Toronto

$699,900

Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $999.86

About this Condo

in Bay Street Corridor, Toronto

Rare Investment Opportunity in the Heart of Downtown Toronto! Welcome to Unit 2601 at 38 Grenville St, a bright and stylish 2-bedroom, 2-bathroom suite with 1 parking and 1 locker included. Featuring 9 ft ceilings and floor-to-ceiling windows in both bedrooms and the living area, this unit is filled with natural light and offers a modern, comfortable urban lifestyle. Unbeatable Yonge & College location, steps to College Subway Station, U of T, Toronto Metropolitan University, major hospitals, Eaton Centre, restaurants, shopping, and the Financial District. With constant rental demand from students, professionals, and downtown visitors, this property offers excellent income potential. Short-term rental/Airbnb use may be possible, subject to City of Toronto and building regulations. Enjoy premium building amenities, including a swimming pool - a highly desirable and rare feature in downtown Toronto condos. A fantastic choice for investors or end-users looking for location, lifestyle, flexibility, and future value.

Listed by TRUSTWELL REALTY 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:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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