2805 - 501 YONGE Street

Yonge Corridor, Toronto

2805 - 501 YONGE Street, Yonge Corridor, Toronto

$790,000

Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,128.57

About this Condo

in Yonge Corridor, Toronto

Welcome to Teahouse Condominiums! This bright 2 bedrooms + den, Den can be used as 3rd bedroomwith Private door , walk out to balcony Bright & sunshine !! 2-bathroom suite with parkingoffers a functional open-concept layout, floor-to-ceiling windows, modern finishes, and a sleekkitchen with built-in appliances. Located in the heart of downtown Toronto, you're steps fromTTC, the University of Toronto, subway stations, hospitals, Eaton Centre, restaurants, and theFinancial District. Enjoy premium amenities including a 24-hour concierge, outdoor pool, spa,sauna, fitness centre, lounges, and party rooms....etc.Good income to have as 3 bedrooms rentout or with enjoyment for your family sizes!!! Easy showing with lockbox, please remove shoes ,leave all lights open ,Do not use washroom and respect with the beautiful cleaned unit !!!

Listed by FIRST CLASS 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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