509 - 297 College Street

Chinatown, Toronto

509 - 297 College Street, Chinatown, Toronto

$548,000


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,096.00


About this Condo

in Chinatown, Toronto

Freshly Painted Spacious One Bedroom Plus Den Condo Suite In The College Condominium at Spadina By Tribute Communities. Highly functional layout with 9Ft Ceiling. Galley Kitchen With Quartz Countertop, Kitchen cabinetry with taller uppers, Breakfast Bar, Upgraded Backsplash & Built-In Appliances. Functional Den That Can Be Used As 2nd Bedroom/Study/Office. Close To Uoft, Public Transit, Bank, Kensington Market, Shops, Restaurants & Many More. Direct access to T&T Supermarket which is on 2nd floor of building. Great Building Amenities: 24Hr Concierge, Gym, Roof Terrace with outdoor BBQ area, Media Room, Games Room & Guest Suite.

Listed by KW Living 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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