542 - 22 Leader Lane

Yonge Corridor, Toronto

542 - 22 Leader Lane, Yonge Corridor, Toronto

$549,999


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,100.00


About this Condo

in Yonge Corridor, Toronto

Quiet, private, and tucked at the end of the hall, this one-bedroom end unit resides in the King Edward Private Residences, the residential wing of Toronto's landmark hotel. Nearly 10-ft ceilings and hardwood flooring throughout. The kitchen pairs integrated appliances with refinished cabinetry, and the bathroom includes a soaker tub for slow mornings. The entire suite was freshly painted and fitted with custom window coverings, a brand-new washer/dryer, closet organizers, and an included storage locker. Under one historic roof: a spa with resident discounts, a restaurant, hair salon, flower shop, cafe/bakeshop, a 24/7 fitness centre (well above the usual condo gym), 24-hour concierge/security, and access to full hotel amenities including the Royal Club Lounge. The building is well-run with a healthy $2.2M reserve fund and a 45-year study period (vs. the standard 30). Outside, you're in the heart of the Financial District: steps from the St. Lawrence Market, King Street dining, and transit, with Union Station a short walk away. Polished and turnkey, in one of the city's most distinctive addresses.

Listed by ROYAL LEPAGE SIGNATURE 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:
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* This material is for informational purposes only.

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