505 - 180 Markham Road

Scarborough Village, Toronto

505 - 180 Markham Road, Scarborough Village, Toronto

$479,900

Bedrooms: 3

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $479.90

About this Condo

in Scarborough Village, Toronto

Spacious 3-bed, 2-bath condo ideal for families, first-time buyers, or investors. Features a large eat-in kitchen and a functional layout. All utilities included in condo fees (heat, hydro, water, cable). Well-managed building with gym, outdoor pool, rec room, and 24-hr security. Close to schools, transit, parks, hospitals, worship, and major retailers like Walmart and Metro. Great value in a convenient Scarborough location!

Listed by HOMELIFE/CHAMPIONS 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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