501 - 2799 Kingston Road

Cliffcrest, Toronto

501 - 2799 Kingston Road, Cliffcrest, Toronto

$499,000


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $831.67


About this Condo

in Cliffcrest, Toronto

Welcome to Unit 501 at 2799 Kingston Road - where style, comfort, and convenience meet in one of Toronto's most desirable east-end communities. This bright and beautifully maintained 1-bedroom, 1-bath suite offers an open-concept layout with soaring windows that invite natural light and a clear, open view. The full-size kitchen is equipped with stainless steel appliances, sleek cabinetry, a centre island, and plenty of counter space - perfect for home cooking and entertaining alike! A spacious living area flows seamlessly onto your own private balcony, ideal for morning coffee and evening relaxation. Enjoy the ease of ensuite laundry, a generous double closet in the bedroom, and a completely carpet-free interior with modern flooring throughout. The suite is thoughtfully designed for efficient living, offering both style and practicality. Located in the vibrant Scarborough Bluffs neighbourhood, enjoy excellent access to daily essentials - steps to TTC transit, grocery stores, banks, schools, and local restaurants. Reputable elementary and secondary schools are just a short walk away, making this spot ideal for families and future tenants alike. Nearby Kingston Road and Cliffside Village provide a mix of retail, services, and dining options, while nature lovers will appreciate the proximity to parks, trails, and the waterfront. This condo is perfect for first-time buyers, young professionals, downsizes, or investors looking for strong rental potential in a high-demand area. The Bluffs is a well-managed building with modern amenities and solid long-term value. Don't miss the opportunity to own in a fast-growing pocket of the city!

Listed by RIGHT AT HOME 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:
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* This material is for informational purposes only.

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