503 - 625 Queen Street E

South Riverdale, Toronto

Open House Oct 5th, 1-3PM
503 - 625 Queen Street E, South Riverdale, Toronto

$789,000


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,127.14


About this Condo

in South Riverdale, Toronto

Stunning Edge Lofts 2 bedroom, 2 washroom, south-east corner suite, large balcony along with a rare and high demand underground parking & locker (directly in front of the parking space). Perfectly situated in Riverside at Queen St E & The Don Valley, just west of Leslieville. This bright and airy unit is on the quiet side of the building. Open concept layout includes 10-ft smooth ceilings with pot lights, polished concrete floors, and floor-to-ceiling windows. The modern kitchen features stone countertops, a glass tile backsplash, stainless steel appliances, an under-mounted sink, and a spacious island with a breakfast bar. Two spacious bedrooms share an ensuite with a deep soaker tub, and the primary includes his & hers closets for optimal storage. A separate powder room, front entry coat closet, and built-in storage solutions add practicality. Enjoy warm summer nights on your large private balcony, ideal for dining or relaxing. Convenient visitor parking. This unit offers unbeatable access to downtown and transit, with the DVP on-ramp right outside, the Queen streetcar along with the upcoming Metrolinx Ontario Line just steps away! Walking distance to The Broadview Hotel, and all the trendy shops & restaurants Queen St E has to offer. Meticulously maintained and freshly painted, just move in and enjoy loft living at its finest!

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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