600 - 38 Elm Street

Bay Street Corridor, Toronto

600 - 38 Elm Street, Bay Street Corridor, Toronto

$550,000

Bedrooms: 1

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $785.71

About this Condo

in Bay Street Corridor, Toronto

Welcome to Minto Plaza, where sophisticated design meets an exceptional downtown location. This beautifully renovated 781 sq. ft. executive one-bedroom suite offers a thoughtfully designed layout with approximately $150,000 in quality upgrades.The spacious king-size bedroom features a walk-in closet and beautifully appointed ensuite finished in terrazzo tile, with a wall-to-wall rain shower and recessed lighting. The custom kitchen showcases integrated cabinetry, a quartz waterfall backsplash and Bosch appliances, while wide-plank Scandinavian-style hardwood flooring and built-in storage add warmth, style and functionality throughout. A generous living and dining area and large windows complete this impressive downtown residence.Located on a quiet, tree-lined street full of restaurants and patios in the heart of Toronto, Minto Plaza is just steps from the subway, Eaton Centre, restaurants, shops, hospitals, universities and the Financial District.Residents enjoy an impressive selection of amenities including 24-hour concierge, indoor lap pool, gym, sauna, party room, billiards room and garden terrace. Locker included.Additional Features & Inclusions: Bosch refrigerator, integrated dishwasher, stove and ceramic cooktop; stacked washer and dryer, lighting with dimmers, custom built-in storage throughout. Renovation completed by licensed luxury contractor Condovate Interiors.Nothing to do but Move in and Enjoy!

Listed by RE/MAX REALTY ENTERPRISES 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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