310 - 90 Orchid Place Drive

Malvern, Toronto

310 - 90 Orchid Place Drive, Malvern, Toronto

$499,900


Bedrooms: 2

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $499.90


About this Townhouse

in Malvern, Toronto

Welcome to this bright, spacious, and North facing End Unit Townhouse with a Private Rooftop Terrace! An excellent choice for first time home buyers and investors. This unique and fairly new townhouse is located in a highly desirable neighbourhood, at Markham and Sheppard surrounded by a family friendly community and supported by outstanding building amenities. Inside you'll find a modern, open concept kitchen, living and dining area with large windows letting natural light. The second floor leads you to two generously sized bedrooms with ample closet space. Enjoy your own private rooftop terrace with a breathtaking view, perfect for relaxing or entertaining guests. The location offers everything at your doorstep from TTC bus stops, quick access to Highway 401, few minutes from University Of Toronto Scarborough Campus (U of T), Centennial College, GO Train Stations, Centenary Hospital, Scarborough Town Centre, Mosque (Islamic Foundation of Toronto), St. Barnabas Roman Catholic Church, Chinese Cultural Centre, Smart Centre Shopping Centre, Parks, Entertainment/Restaurants, Public Schools, and High Schools. With all these closes by amenities it has great rental income opportunity. This Unit Includes One Underground Parking Spot and One Locker with extra Bike storage. Don't miss this opportunity to own a beautiful modern townhouse in a vibrant, well connected community!

Listed by ROYAL LEPAGE IGNITE 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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