404 - 109 King Avenue E

Newcastle, Clarington

404 - 109 King Avenue E, Newcastle, Clarington

$699,900


Bedrooms: 2

Bathrooms: 2

Living Area: 1,400 sqft

Price Per Sqft: $499.93


About this Condo

in Newcastle, Clarington

Gorgeous open concept condo with expansive windows offering panoramic views overlooking the heart of Newcastle. Spacious front foyer leads to large kitchen and living area featuring 9 1/2' ceilings. Beautiful eat in kitchen boasts center island, quartz countertops, ceramic backsplash, b/i stainless steel appliances and upgraded light fixtures. Convenient laundry room and pantry off kitchen. Additional 4pc bath off living room. Huge primary bedroom with double walk through closet, 3 pc ensuite and another outstanding view with plenty of natural light. Large 2nd bedroom could be used as an office or den. Enjoy underground parking, rooftop patio with shared barbeque and other convenient amenities. Walking distance to everything in town and close to transit and all commuter routes 401, 115 & 407.

Listed by Royal LePage Our Neighbourhood 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:
Monthly P&I:
* This material is for informational purposes only.

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