705 - 297 College Street

Chinatown, Toronto

705 - 297 College Street, Chinatown, Toronto

$498,000

Bedrooms: 1

Bathrooms: 1

About this Condo

in Chinatown, Toronto

Welcome to The College, a boutique condominium by Tribute Communities, ideally situated in the heart of Toronto's vibrant Kensington Market. This spacious one-bedroom residence offers a thoughtfully designed open-concept layout featuring 10-foot ceilings, laminate flooring, built-in appliances, and floor-to-ceiling windows that fill the suite with abundant natural light. The generous private balcony provides a peaceful outdoor retreat with a beautiful view overlooking the University of Toronto - St. George Campus. Residents enjoy an impressive selection of amenities, including 24-hour concierge and security, a fully equipped fitness centre, rooftop terrace with BBQs, theatre room, billiards room, party room, and guest suites. With T&T Supermarket conveniently connected to the building, everyday shopping and essentials are just steps from your door. Perfectly positioned for convenience and lifestyle, the residence is within easy reach of the University of Toronto, OCAD University, Central Technical School, Chinatown, Little Italy, hospitals, parks, and Queen's Park subway station. Experience contemporary downtown living in one of Toronto's most vibrant and connected neighbourhoods. A fantastic opportunity for first-time buyers, professionals, students, or investors looking for a well-located residence in the heart of the city.

Listed by HOMELIFE LANDMARK 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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