512 - 1 Balmoral Avenue

St. Clair, Toronto

512 - 1 Balmoral Avenue, St. Clair, Toronto

$615,000


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $1,025.00


About this Condo

in St. Clair, Toronto

All-inclusive with one parking space and one very large locker in the iconic Grande Dame of Summerhill-One Balmoral! This French Chateau architecture sets this condo apart from others in both elegance and luxury. The secret west garden oasis with a waterfall and covered sitting area is a welcoming surprise! The newly redesigned marble lobby entry is a testament to the ongoing pride of ownership of the residents. This immaculate, bright suite answers your 'bucket' list for the perfect pied-à-terre in one of the most sought-after, well-located buildings in prime Summerhill. Two Juliette balconies, wall-to-wall built-in bookcase, Moulded Feature Wall in Bedroom, Wood and travertine marble floors- all demonstrate the quality of construction. Rooms are spacious, with the Primary Bedroom large enough for a King bed. Ample underground parking and guest suites make this ideal for guests. Amenities include a well-equipped gym and spacious, recently renovated party/entertainment area. This building is impeccably maintained and well-managed with a healthy reserve. Enjoy elegant, carefree living at its best!

Listed by CHESTNUT PARK REAL ESTATE LIMITED.


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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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