508 - 188 Eglinton Avenue E

Mount Pleasant West, Toronto

508 - 188 Eglinton Avenue E, Mount Pleasant West, Toronto

$699,000


Bedrooms: 2

Bathrooms: 1

Living Area: 900 sqft

Price Per Sqft: $776.67


About this Condo

in Mount Pleasant West, Toronto

BUYER ALERT: SELLER WILL CONSIDER A REBATE ON CLOSING TO REDUCE THE EFFECTIVE MONTHLY MAINTENANCE FEE RATE!! THIS IS A GREAT BUILDING AND EVEN BETTER UNIT WITH EXCEPTIONAL VALUE. Welcome to the SOHO Lofts in the heart of Yonge and Eglinton. This highly energetic neighbourhood, commonly known as Mid-Town, perfectly blends doorstep convenience with an amazing neighbourhood vibe. Packed with diverse restaurants, an excellent shopping mix and supported by area parks and trails, this urban pocket is ideal in so many ways. Rarely available, this oversized 2-bedroom loft (915 sq ft) features a bright and open concept space with ultra high 11'ft ceilings, expansive wall-to-wall windows, and an abundance of natural light throughout. The thoughtfully designed interior includes a modern kitchen with stainless steel appliances, a generous primary bedroom, and a second bedroom or potential home office. Additional highlights include a 4-piece bathroom, ensuite laundry, one underground parking space (rental) and exceptional building amenities including an exercise room, party/meeting room, rooftop deck and garden, visitor parking, and sauna. Ideally situated in a well-connected Toronto neighbourhood, this suite is just steps from the TTC, shops, restaurants, and everything Yonge & Eglinton has to offer.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..


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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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