505 - 4060 Lawrence Avenue

West Hill, Toronto

505 - 4060 Lawrence Avenue, West Hill, Toronto

$300,000


Bedrooms: 2

Bathrooms: 1

Living Area: 1,000 sqft

Price Per Sqft: $300.00


About this Condo

in West Hill, Toronto

Attention First Time Buyers, Investors and Young Families. This bright and spacious 2 bedroom, 2 storey suite offers a unique blend of townhouse character with condo convenience, featuring a large private balcony, perfect for everyday enjoyment or entertaining guests. Newly renovated common areas, include updated corridors, and amenities such as an indoor pool, gym, party/meeting room, and visitor parking. Maintenance fees cover heat, central A/C, water, plus cable TV and high-speed internet! (hydro is 39/mth) This is a prime Scarborough location close to schools, parks, places of worship, shopping, restaurants, banks, and medical clinics, with TTC, GO Transit, and major highways are just minutes away. Book a showing to see this excellent opportunity.

Listed by REAL ESTATE HOMEWARD.


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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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