509 - 5 Michael Power Place

City Centre West, Toronto

509 - 5 Michael Power Place, City Centre West, Toronto

$480,000


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $800.00


About this Condo

in City Centre West, Toronto

Welcome To The Sought After Palais at Port Royal Place! This Beautiful Unit is perfect for you! Bright Unit Boasts Functional/Spacious Open Concept Layout With High Ceilings. Lots of sunlight with walkout balcony. So many updates to mention Including bathroom & kitchen, appliances, pot lights, flooring. Freshly painted, and so much more. Well-Serviced By Public Transit. Easy Access To major highways. Surrounded by shopping, trendy restaurants. Incredible Walk-ability To Many Services And Amenities. Surrounded By Schools And An Abundance Of Parks/Ravines/Trails and so much more.

Listed by KELLER WILLIAMS REFERRED URBAN 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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