602 - 7 King Street E

Yonge Corridor, Toronto

602 - 7 King Street E, Yonge Corridor, Toronto

$375,000


Bedrooms: 0

Bathrooms: 1


About this Condo

in Yonge Corridor, Toronto

Imagine leaving your condo in the morning and walking to work in the Financial District. Meeting your friends for dinner in the Distillery District or St. Lawrence Market Grabbing coffee around the corner, catching a Leafs or Blue Jays game, or spending the evening at the theatre, all without needing your car. With King Subway Station and the PATH steps away, the very best of downtown Toronto is right outside your door at The Metropole! This bright and functional studio suite in this highly desired building features expansive 9.5-foot ceilings, oversized windows, fresh flooring, an open-concept layout, a kitchen with breakfast bar, ensuite laundry, and a private storage locker on the third floor. Even better, the low condo fees include heat, hydro and central air conditioning, a rare value in today's market. Perfect if you're a first-time buyer, a parent purchasing a home for your son or daughter attending U of T, TMU or George Brown, an investor, or anyone looking for the ideal downtown pied-à-terre. You will love the exceptional amenities including 24-hour concierge service, an indoor pool, fitness centre, steam room, party room, billiards lounge, and two rooftop terraces with BBQs and epic panoramic city views. Affordable. Convenient. Connected. Whether you're buying your first home, securing a place for your student, or looking for a smart investment in one of Toronto's most walkable neighbourhoods, Suite 602 is a fantastic opportunity to enjoy everything downtown living has to offer.

Listed by REAL ESTATE HOMEWARD.


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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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