123 - 326 Carlaw Avenue

South Riverdale, Toronto

123 - 326 Carlaw Avenue, South Riverdale, Toronto

$1,950,000


Bedrooms: 2

Bathrooms: 2

Living Area: 2,500 sqft

Price Per Sqft: $780.00


About this Condo

in South Riverdale, Toronto

Welcome to The Gallery, a rare three-level designer loft offering over 2,500 sq.ft of interior space plus a 375 sq ft rooftop terrace. This residence embodies refined urban sophistication with 26-foot ceilings, exposed brick, polished concrete floors, & gallery lighting. The Ernestomeda kitchen, with over $150,000 in upgrades, features Gaggenau & Miele appliances, Calacatta marble, a bar sink & wine fridge. The main level showcases a Kelly Wearstler marble mosaic bathroom, combining artful design with luxurious finishes. A floating oak staircase leads to the mezzanine primary suite with herringbone floors, double sinks, & a marble walk-in shower. The private rooftop retreat offers high-end composite decking, multiple seating areas, & a custom dining table suspended over a skylight. Set in the heart of Leslieville, just one block from the new Ontario Line subway, The Gallery defines contemporary Toronto living. NOTE: The property is currently assessed as both residential & commercial. If new owner occupies property solely as a residence without operating a business, the property taxes would be reduced accordingly.

Listed by FOREST HILL REAL ESTATE INC..



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


     
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* This material is for informational purposes only.

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