306 - 8 Oxford Street

Chinatown, Toronto

306 - 8 Oxford Street, Chinatown, Toronto

$499,000


Bedrooms: 2

Bathrooms: 1

Living Area: 800 sqft

Price Per Sqft: $623.75


About this Condo

in Chinatown, Toronto

Amazing value for this spacious condo in low rise boutique building in the heart of the City: Kensington Market, University of Toronto, Chinatown. Short walk to Little Italy, The Annex, Yorkville, U of T, Art Gallery of Ontario + all major Hospitals and downtown core. 851 Square Feet as per Mpac. Clean and modern interior. Hardwood parquet flooring. Balcony for outdoor space. Amazing central location! Lively & diverse neighbourhood with lots of character. Walking distance to trendy nightlife, cafes, vast array of dining options and cultural hot spots! Spadina streetcar + easy public transportation around town. Great for 1st time buyers or investors or savvy parents with kids at University. Great option for comfortable living space downtown. On the cusp of residential leafy neighbourhoods and downtown core. Not a tower shoebox! Laundry facilities for building on 4th floor. Bike Storage + Parking Rental Available In Building. 98 Walk Score. 99 Transit Score. 100 Bike Score. Tenant has given notice to terminate. Property will be vacant as of November 1.

Listed by WRIGHT REAL ESTATE 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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