1055 Bay Street

Bay Street Corridor, Toronto

1055 Bay Street, Bay Street Corridor, Toronto

$499,000

Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $998.00

About this Condo

in Bay Street Corridor, Toronto

Fantastic Sun-Filled Sub-Penthouse!! Floor-To-Ceiling Windows & Unobstructed South City View! Steps To Queen's Park/Yorkville/Subway/Uoft/Ryerson/Bloor&Yonge/Hospitals/Financial District, Low Maintenance Fee Incld. All Utilities,Various Amenities(Gym, Sauna, Roof Top Terrace & Party Room, ), Parking & Locker, Popular To Rent; Great Value Of Luxury Living & Investment, 24Hr Security +Free Visitor Parkings. Ideal for first-time buyer, student, investor,

Listed by ELITE CAPITAL 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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