1016 - 1050 Eastern Avenue

The Beaches, Toronto

1016 - 1050 Eastern Avenue, The Beaches, Toronto

$530,000


Bedrooms: 1

Bathrooms: 1


About this Condo

in The Beaches, Toronto

Experience modern living in this brand new, never-lived-in 1-bedroom suite at the iconic Queen & Ashbridge Condos. Offering 474 sq.ft. of interior space plus a 60 sq.ft. balcony, this home combines stylish finishes with modern functionality. The open-concept layout features a sleek kitchen with two-tone cabinetry, quartz countertops, and full-height porcelain backsplash. Wide-plank vinyl flooring runs throughout, while floor to ceiling windows fill the suite with natural light. The spacious bedroom provides comfort and privacy, while the bathroom showcases quartz finishes, grey porcelain tiles, and contemporary black fixtures. Ensuite laundry adds everyday convenience. Residents enjoy resort-style amenities including a 24-hour concierge, 5,000 sq.ft. fitness centre with yoga & spin studios, steam room, sauna, spa-inspired change rooms, rooftop terrace with BBQs and city & lake views, the Sky Club lounge, private study & meeting rooms, secure bike storage, parcel lockers, and more. Perfectly located steps to Queen Street East, the TTC streetcar, parks, cafes, shops, and the lake, this condo offers the best of Toronto's vibrant east end lifestyle. This is an assignment sale with occupancy starting September 26.

Listed by ROYAL LEPAGE TERREQUITY CAPITAL REALTY.


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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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