803 - 238 Simcoe Street

Chinatown, Toronto

803 - 238 Simcoe Street, Chinatown, Toronto

$449,000

Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $898.00

About this Condo

in Chinatown, Toronto

Welcome to Artists' Alley in the heart of downtown Toronto! This thoughtfully designed 538 sq. ft. "Jaffron" 1 bedroom, as per builder's floor plan, offers an efficient open-concept layout with no wasted space. Featuring contemporary finishes, quartz countertops, integrated appliances, modern cabinetry, and wood and ceramic flooring throughout with no carpet. Designed by renowned Hariri Pontarini Architects with amenity spaces by award-winning Studio Munge. Enjoy exceptional walkability just steps to St. Patrick subway station, OCAD University, the AGO and Grange Park, and approximately a 15-minute walk to U of T's St. George Campus and Temerty Faculty of Medicine at the Medical Sciences Building. Toronto General, Mount Sinai, Princess Margaret and SickKids are also nearby, along with Queen Street West, Eaton Centre, restaurants, cafés and shopping. An ideal downtown home for students, medical professionals, first-time buyers or investors.

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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