5-606 - 50 Old Kingston Road

West Hill, Toronto

5-606 - 50 Old Kingston Road, West Hill, Toronto

$234,900


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $469.80


About this Condo

in West Hill, Toronto

Welcome to this exclusive 55+ community! This top-floor end unit features a large balcony overlooking the beautiful UTSC valley. The one-bedroom, one-bathroom home offers a bright, open-concept layout that has been freshly painted in neutral tones. Tasteful updates include new vinyl plank flooring, brand-new kitchen cabinetry, and new stainless steel appliances. Eesti Kodu Inc. is a self-managed co-op community designed for owners 55 and older who are looking to downsize into an affordable and convenient location. Residents enjoy extensive amenities, including landscaped gardens, an indoor pool, a sauna, a workshop, a library, an exercise room, a party room, and a large laundry facility. For ease of budgeting, the monthly maintenance fee is all-inclusive, covering heat, hydro, water, internet, cable, and property taxes. There is no parking included; however, the complex is ideally located near public transit, shopping, restaurants, walking trails, parks, and Highway 401.

Listed by Century 21 Infinity Realty 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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