314 - 1050 Eastern Avenue

Coxwell, Toronto

314 - 1050 Eastern Avenue, Coxwell, Toronto

$469,900

Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $939.80

About this Condo

in Coxwell, Toronto

Excellent opportunity to secure a brand-new 1 Bedroom, 1 Bathroom suite in QA Condos through an assignment sale at a loss. The unit is already tenanted with an A+++ tenant, offering immediate rental income, no vacancy, and no leasing costs. Final closing: mid-end February. Ideal for investors seeking a turnkey property in a high-demand area. Located in the heart of Coastal Queen East, Queen & Ashbridge sits perfectly between the scenic parks and boardwalks of The Beaches and the vibrant cafés, shops, and character streets of Leslieville, with Ashbridges Bay nearby and downtown Toronto just minutes away. One of the best new buildings in The Beaches area, offering exceptional lifestyle and long-term value.

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA.

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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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