N505 - 116 George Street

Moss Park, Toronto

N505 - 116 George Street, Moss Park, Toronto

$749,000

Bedrooms: 2

Bathrooms: 1

Living Area: 800 sqft

Price Per Sqft: $936.25

About this Condo

in Moss Park, Toronto

Welcome to this beautifully updated 2-bedroom suite at the award-winning Vu Condominiums, offering modern comfort and an unbeatable downtown Toronto location. Bright and spacious, this inviting home features 10-foot ceilings, large windows, and a private walk-out balcony. Extensively renovated in 2022, the suite features a stylishly updated kitchen, new flooring, smooth ceilings with the popcorn removed, and refreshed bathroom finishes, including new floor and bathtub surround tiles. Custom-built closets throughout provide exceptional storage and organization. A standout feature is the larger-than-standard parking space, complete with a private EV charger dedicated exclusively to the space-a rare and valuable convenience for electric vehicle owners. Enjoy an impressive selection of building amenities, including 24-hour concierge service, a fully equipped fitness centre, and a rooftop terrace with BBQs and comfortable lounge areas. Perfectly positioned just steps from St. Lawrence Market, the Distillery District, George Brown College, TTC, hospitals, parks, restaurants, and the downtown core, with convenient access to major highways. Move-in ready and thoughtfully upgraded, this is downtown living at its finest-combining style, functionality, and an exceptional location.

Listed by RIGHT AT HOME 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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