501 - 1195 The Queensway Way

City Centre West, Toronto

501 - 1195 The Queensway Way, City Centre West, Toronto

$370,000

Bedrooms: 0

Bathrooms: 1

About this Condo

in City Centre West, Toronto

COMPLETED IN 2023 - THIS MODERN UNIT AT THE TAILOR RESIDENCES OFFERS A GREAT ENTRY OPPORTUNITY FOR FIRST TIME HOME BUYERS, TRANSITIONING RENTERS AND INVESTORS ALIKE WHO WANT TO EXPERIENCE THE BENEFITS AND FREEDOM OF HOMEOWNERSHIP WHILE KEEPING COSTS LOW AND PREDICTABLE. THE CONDO OFFERS IT'S RESIDENTS HIGH-LIVING AMENITIES LIKE 24 HR CONCIERGE, GYM, YOGA STUDIO, PET SPA, DINING ROOM, PARTY ROOM, ROOFTOP DECK, ETC. WALKING DISTANCE TO A NUMBER OF RESTAURANTS/CUISINES, DOG PARK, COURTYARD. CLOSE TO BANKS, SOBEYS, COSTCO WHOLESALE, IKEA, GAS STATIONS, AND SO MUCH MORE. THE AREA IS STILL DEVELOPING, DON'T MISS YOUR CHANCE TO BUY IN NOW.

Listed by GLOBAL LINK REALTY GROUP 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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