1310 - 10 Oak St Street

Regent Park, Toronto

1310 - 10 Oak St Street, Regent Park, Toronto

$319,000

Bedrooms: 0

Bathrooms: 1

About this Condo

in Regent Park, Toronto

Rare Distressed Assignment Opportunity at Daniels on Parliament! Exceptional value with this brand new, never-lived-in studio suite featuring a Juliette balcony, now offered at just $268,000. Originally purchased for $446,000, this is one of the lowest-priced brand new downtown condominiums available and is priced below many resale studio comparables that are over five years old. Whether you're an investor seeking a potentially cash flow positive opportunity or an end user looking to own a brand new home at an unbeatable price, this suite offers outstanding value. Enjoy modern finishes, state-of-the-art building amenities, low maintenance fees, and excellent long-term appreciation potential in one of Toronto's fastest-growing neighbourhoods. The seller will cover the assignment fee, all development charges, and all occupancy fees up to final closing, meaning the buyer pays $0 assignment fee, $0 development charges, and $0 occupancy fees-simply complete the final closing. Opportunities offering this level of value are exceptionally rare. Priced to sell and unmatched in today's marketplace, this is an opportunity not to be missed.

Listed by RE/MAX HALLMARK ARI ZADEGAN GROUP REALTY.

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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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