5001 - 7 Grenville Street

Bay Street Corridor, Toronto

5001 - 7 Grenville Street, Bay Street Corridor, Toronto

$699,000


Bedrooms: 2

Bathrooms: 2

Living Area: 600 sqft

Price Per Sqft: $1,165.00


About this Condo

in Bay Street Corridor, Toronto

Stunning High Floor 2 Bedroom, 2 Bathroom Suite In The Heart Of Downtown Toronto With Unobstructed West Views And Floor-To-Ceiling Windows Offering Abundant Natural Light. Bright And Functional Layout Featuring Open Concept Living/Dining Area, Modern Kitchen With Centre Island, And Spacious Bedrooms. Newly Painted Throughout With Brand New Flooring. Primary Bedroom Includes Ensuite Bath And Large Closet. Excellent Building Amenities Including 24 Hr Concierge, Gym, Indoor Pool, Party Room And Visitor Parking. Steps To U Of T, TMU, Hospitals, Subway, Restaurants, Shopping, Financial District And More. Exceptional Opportunity For End Users Or Investors.

Listed by HOMELIFE GOLCONDA 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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