304 - 90 Orchid Place

Malvern, Toronto

304 - 90 Orchid Place, Malvern, Toronto

$620,000


Bedrooms: 2

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $620.00


About this Townhouse

in Malvern, Toronto

Welcome to this Immaculate 2 bedroom, 2 bathroom Condo townhouse located in the heart of Scarborough. This turnkey home comes with all existing appliances, a gas BBQ, one underground Parking spot, and a dedicated locker for extra storage. Take your gatherings to the next level with a stunning rooftop deck, perfect for barbeques and entertaining under the open sky. Minutes to Centennial College, Library, HWY 401, Scarborough Town Centre, Hospital, Public transit, Restaurants, Supermarkets and more. An excellent opportunity for first time home buyers or savvy investors looking for a solid rental property.

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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