506 - 7 Carlton Street

Yonge Corridor, Toronto

506 - 7 Carlton Street, Yonge Corridor, Toronto

$499,880


Bedrooms: 3

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $499.88


About this Condo

in Yonge Corridor, Toronto

Welcome to 7 Carlton Street, an exceptional opportunity to own a spacious 3-bedroom, 2-bathroom condominium in one of downtown Toronto's most connected and desirable locations. Offering over 1,000 sq. ft. of living space, this bright and sun-filled residence is flooded with natural light and provides incredible potential to personalize and make it your own.Situated in the prestigious The Ellington at the vibrant intersection of Yonge and College, residents enjoy unparalleled convenience with direct access to the Toronto Subway Line 1 via College Station just below the building. Whether commuting to work, attending class, or exploring the city, getting around Toronto has never been easier.The location places you in the heart of downtown, steps from Toronto Metropolitan University, University of Toronto, major hospitals including Toronto General Hospital and Mount Sinai Hospital, as well as countless restaurants, cafés, grocery stores, and everyday conveniences. Enjoy world-class shopping at CF Toronto Eaton Centre, catch a show in the Entertainment District, stroll through nearby parks, or take advantage of the short commute to Toronto's Financial District. Residents of The Ellington enjoy an impressive collection of amenities, including a 24-hour concierge, indoor pool, fitness centre, sauna, rooftop terrace, party room, guest suites, visitor parking, and beautifully maintained common areas, providing a resort-inspired lifestyle in the centre of the city. Whether you're looking for space in an unbeatable location or an investor seeking a prime downtown opportunity, this rarely offered 3-bedroom suite delivers exceptional value, convenience, and endless possibilities in one of Toronto's most sought-after neighbourhoods.

Listed by RARE REAL ESTATE.


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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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