2506 - 500 Sherbourne Street
South St. James Town, Toronto
$1,075,000
Bedrooms: 2
Bathrooms: 2
Living Area: 1,200 sqft
Price Per Sqft: $895.83
About this Condo
in South St. James Town, Toronto
Welcome to The 500. This exceptional 1,360 sq ft corner suite offers breathtaking panoramic views of the lake and city skyline, complemented by soaring 9-foot ceilings and generously sized living spaces. Enjoy two oversized balconies, perfect for entertaining or relaxing outdoors. The unit features numerous upgrades, including Brazilian hardwood flooring throughout, custom granite countertops with island, and updated door casings, doors, and baseboards. Ideally located just steps from Maison Selby, supermarkets, and within minutes' walk to two subway stations, Cabbagetown, Church-Wellesley Village, and Yorkville. On-site amenities include outdoor patio with bbqs, gym, yoga room, sauna, lobby lounge, rec room , offices and meeting room. car share services and EV charging stations. Suite 2506 has been rented for $5,000/month on a fully furnished basis. This unit is available for sale fully finished and move-in ready, at the buyer's request.
Listed by CHESTNUT PARK REAL ESTATE LIMITED.
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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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