506 - 557 The East Mall

City Centre West, Toronto

506 - 557 The East Mall, City Centre West, Toronto

$415,000


Bedrooms: 1

Bathrooms: 1

Living Area: 900 sqft

Price Per Sqft: $461.11


About this Condo

in City Centre West, Toronto

Welcome to 557 The East Mall. Step into over 900 square feet of completely renovated living space in this bright and modern 1-bedroom suite. Located in a quiet, well-maintained building with only 45 units, this condo offers comfort, style, and unbeatable value. This unit features a brand new custom kitchen with quartz countertops, stainless steel appliances, and sleek finishes. New flooring throughout. Fully renovated bathroom featuring a massive vanity and an elegant LED mirror. Generously sized living and dining areas, filled with natural light. Expansive balcony running nearly the full length of the unit perfect for relaxing or entertaining. Your maintenance fees of $493/month include all utilities and property taxes a rare and valuable perk! Whether you're a first-time buyer, smart sizer, or savvy investor, this is a fantastic opportunity in a well-run building in a convenient location.

Listed by ROYAL LEPAGE SIGNATURE 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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