412 - 88 Colgate Avenue

South Riverdale, Toronto

412 - 88 Colgate Avenue, South Riverdale, Toronto

$485,000


Bedrooms: 1

Bathrooms: 1


About this Condo

in South Riverdale, Toronto

This bright and spacious one-bedroom CORNER suite in Leslieville's Showcase Lofts offers a perfect blend of modern design and authentic character. Soaring 9-foot smooth ceilings and expansive warehouse-style windows ON TWO SIDES fill the space with natural light, while a reclaimed brick feature wall and engineered hardwood flooring add warmth and charm throughout. Step outside to your large, private balcony overlooking a beautifully landscaped courtyard-an ideal spot to relax or entertain. The contemporary kitchen is thoughtfully designed with two-tone cabinetry, quartz countertops, stainless steel appliances, and a gas range with a double oven, perfect for home cooks and entertainers alike. Ideally located just steps from the 24-hour Queen streetcar, as well as grocery stores, the LCBO, and an eclectic mix of restaurants, cafés, and boutiques, this home offers the best of urban living. Enjoy quick access to the waterfront, DVP, and Gardiner Expressway, making commuting and exploring the city effortless.

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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