1622 - 2031 Kennedy Road

Malvern West, Toronto

1622 - 2031 Kennedy Road, Malvern West, Toronto

$539,000


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $770.00


About this Condo

in Malvern West, Toronto

Bright & spacious vacant 2 Bedrooms & 2 Bathrooms 771 Sqft + huge balcony with wrap-around views luxury condo located in the heart of Scarborough @ Kennedy & 401. 1 Parking on the 3rd floor up near the elevator & 1 locker. Open concept modern kitchen with built-in Stainless steel appliances and quartz counter top with tiled backsplash. Abundance of natural light with living space extending to large balcony. Walk out to the wrap around balcony from the living room or from the main bedroom. Laminate floors throughout. Smooth ceiling painted white throughout. Premium upgraded bathrooms with one standup shower and one tub. Full sized washer and dryer. Walking distance to TTC and shopping plazas. Convenient transit to University of Toronto Scarborough Campus, Seneca and Centennial Colleges & Scarborough Town Center. Building amenities includes 24 Hours Concierge, Party Room, Gym, Guest suites, kids area, yoga studio & outdoor patio. Ready to move-in condition.

Listed by HOMELIFE NEW WORLD 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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