#802 - 3050 Ellesmere Road

Morningside, Toronto

#802 - 3050 Ellesmere Road, Morningside, Toronto

$419,999


Bedrooms: 2

Bathrooms: 2

Living Area: 800 sqft

Price Per Sqft: $525.00


About this Condo

in Morningside, Toronto

This spacious 2-bedroom and 2-bathroom unit is the perfect opportunity for anyone looking to enter the market! Excellent floor plan for a young family or a work-from-home setup. All utilities are included in the maintenance fees, making for easy budgeting for first-time buyers or investors. Proximity to the University of Toronto Scarborough and Centennial College provides a solid rental pool of candidates! Commuter-friendly spot provides ample transit options, quick 401 access, and 5 minutes to GO trains. Enjoy being surrounded by greenspace and nature trails while still being able to have fast access to groceries, restaurants, and the amenities that make day-to-day living easier. The building offers security, sauna, gym, pool and more. Welcome Home

Listed by RE/MAX HALLMARK REALTY LTD..


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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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