412 - 20 Orchid Place Drive
Malvern, Toronto
$399,000
Bedrooms: 1
Bathrooms: 1
Living Area: 600 sqft
Price Per Sqft: $665.00
About this Condo
in Malvern, Toronto
Exceptional Value****** Daniels Built (2021). This open-concept one-bedroom-plus-den suite (Den can be used as a bedroom) is ideally located in the heart of Scarborough's vibrant community. Perfect for first-time buyers starting a family or investors (cash flow positive rental ), it includes One parking space and offers reasonable maintenance fees. Walk to Markham and Sheppard Plaza, Food Basics, Shoppers Drug Mart, restaurants, banks, parks, places of worship and the Chinese Cultural Centre. Conveniently located near schools, a police station and TTC transit, with quick access to Highway 401, Centennial College, the University of Toronto Scarborough Campus and Scarborough Town Centre. *****Images Virtually Staged
Listed by PROPERTY.CA 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
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| * This material is for informational purposes only. | |||
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