503 - 18 Rean Drive

Bayview Village, Toronto

503 - 18 Rean Drive, Bayview Village, Toronto

$399,000


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $798.00


About this Condo

in Bayview Village, Toronto

Welcome to this bright and functional 1+1 bedroom suite offering a thoughtfully designed layout ideal for comfortable urban living. Featuring 1 parking space and 1 locker, this well-maintained unit provides excellent convenience and practicality. The open-concept living and dining areas create a spacious and inviting atmosphere, while large windows allow for abundant natural light throughout. The versatile den is spacious enough to accommodate a single or twin bed and a reading desk, making it an ideal home office, study area, children's bedroom, or guest space. The well-appointed kitchen provides ample cabinetry and workspace, seamlessly connecting to the main living area. Located in a highly desirable North York community, residents enjoy easy access to transit, shopping, restaurants, parks, and major amenities. This suite presents an excellent opportunity for first-time buyers, professionals, downsizers, or investors seeking comfortable condo living in a prime location.

Listed by CENTURY 21 KING`S QUAY REAL ESTATE 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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