605 - 50 Town Centre Court

Bendale, Toronto

605 - 50 Town Centre Court, Bendale, Toronto

$370,000


Bedrooms: 0

Bathrooms: 1


About this Condo

in Bendale, Toronto

Own for close to the same price as renting Or invest in a practical location that continues to perform. Offering a highly functional open-concept design that maximizes space and flow. The layout easily accommodates distinct living, sleeping, dining, and work from home zones, making it far more practical than a typical studio. The unit features a full kitchen with ample cabinetry and counter space, laminate flooring throughout, and a bright living area with large windows. Very low maintenance fees ideal for a first-time buyer, investor, or professional seeking a low maintenance urban home. Located steps from Scarborough Town Centre, TTC, GO Transit, groceries, dining, and everyday essentials. Quick access to Highway 401 makes commuting simple, while nearby parks, YMCA, and community amenities add convenience and lifestyle value. Strong entry level investment with stable rental fundamentals in a a proven, high demand rental node that continues to see long-term population and infrastructure growth.

Listed by PROPERTY.CA INC..


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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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