5113 - 501 Yonge Street

Yonge Corridor, Toronto

5113 - 501 Yonge Street, Yonge Corridor, Toronto

$588,000

Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,176.00

About this Condo

in Yonge Corridor, Toronto

Luxury urban living in this 1-bedroom plus den condo on the 2nd highest floor of Teahouse Condos at 501 Yonge St. With breathtaking city views, U of T, Provincial Buildings and a modern, efficient layout, this unit is perfect for professionals, UT students, first-time buyers, or investors Open Concept Bright With Floor To Ceiling Windows, Spectacular Westerly Views And Open Balcony. Fabulous Amenities Include Outdoor Pool, Spa, Zen Rock Lounge, Bbq Area, Fitness Centre, Yoga Room, Party Room With Fireplace, Theatre Room And Concierge. Immediate Possession!enjoy easy access to College & Wellesley subway stations, U of T, TMU, Eaton Centre, Yorkville, and top dining, shopping, and entertainment.

Listed by HOMELIFE NEW WORLD 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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