314 - 7 Bishop Avenue

Newtonbrook East, Toronto

314 - 7 Bishop Avenue, Newtonbrook East, Toronto

$509,000


Bedrooms: 2

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $509.00


About this Condo

in Newtonbrook East, Toronto

Best Value, Best Location, and DIRECT Access to Finch Station - Welcome to Vogue Condominiums at 7 Bishop Ave! Ever dreamt of stepping out of your elevator or taking a fast flight of stairs when you're in a hurry and walking straight into Finch Station without a single drop of rain or slush? This is the perfect spacious 2-bedroom +den (with Bedrooms tucked away on separate corners), 2 bathrooms, corner unit, with 1,010 sq.ft. in the heart of North York. If you've got a vision for interior style, this layout is the holy grail you've been searching for. Sunlit & bright, northwest exposure with the privacy of not having neighboring buildings directly next to your windows. Maintenance fee includes all utilities! 3rd floor lets you skip the elevator rush whenever you're in a hurry, plus this building gives you DIRECT underground access to Finch Station to TTC Line 1, GO Transit, and regional buses. 30 minutes to Union Station, 30 mins to York University, close to restaurants, cozy cafes and bars, plenty of Grocery stores, Centerpoint Mall, multiple gyms, library, parks, and more. The building amenities include a fully-equipped gym with modern equipment, squash courts, billiards room, ping pong, indoor swimming pool, hot tub, 24-hour concierge, guest suites, and visitor parking. You're also in some of the greatest school boundaries for the kids - Finch PS, Cummer Valley MS, and Earl Haig SS. Solid potential - Yes, she's sporting a few classic finishes from years gone by, but that's where your opportunity lies! A simple refresh will transform this canvas into a high-value, modern sanctuary.

Listed by CENTURY 21 LEADING EDGE REALTY 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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