205 - 25 Neighbourhood Lane

Queensway, Toronto

205 - 25 Neighbourhood Lane, Queensway, Toronto

$499,900


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $833.17


About this Condo

in Queensway, Toronto

Welcome to the desirable "Queensview - Backyard Condos An abundance of natural light. Enjoy the sleek look of laminate floors and the durability of Caesar stone countertops in the chef's kitchen, equipped with stainless steel appliances, valance lighting, and a beautiful backsplash, both functional and aesthetically pleasing. The generous den offers flexibility for a home office, studio, or additional lounge space. Residents enjoy access to an array of premium amenities, including a cutting-edge fitness centre, kids play zone, pet spa, full-time concierge, and 24-hour security. A true blend of contemporary comfort and urban convenience in one of the city's most desirable communities. Total Living Space Is 650 Sq.Ft (589 Sq.Ft. Indoor + 61 Sq.Ft. Balcony). Vendor to consider providing a first mortgage for up to 3 years, fully open, at 3.95% interest on an interest only basis, or 25 year amortization period, at the purchasers choosing.

Listed by RE/MAX REALTRON 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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