2615 - 8 WELLESLEY Street W

Bay Street Corridor, Toronto

2615 - 8 WELLESLEY Street W, Bay Street Corridor, Toronto

$398,000

Bedrooms: 0

Bathrooms: 1

About this Condo

in Bay Street Corridor, Toronto

Welcome to the studio suite at Prime Condos, ideally located in the heart of downtown Toronto near Yonge St and Wellesley. Am incredible opportunity for the real estate investor, or for someone who wants to be. This brand new building is a touch of class, nestled quietly just off Yonge Street enough to miss the hustle and bustle of the city. Big beautiful windows let in an abundance of natural light, and the city scape at night.The kitchen area spouts a sleek hidden refrigerator, built in oven and microwave, counter-top stove & range hood. In addition you find ensuite laundry and a full bath. 24 hour concierge provides a level ofcomfort and security. Come check out your dream home today.

Listed by REAL ONE 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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