2209 - 5 Michael Power Place
City Centre West, Toronto
$453,888
Bedrooms: 1
Bathrooms: 1
Living Area: 500 sqft
Price Per Sqft: $907.78
About this Condo
in City Centre West, Toronto
Priced to build equity from day 1. Port Royal is one of those neighbourhoods that just works - walkable, well-connected, and quietly in demand. This 1-bedroom is a strong entry point into the market - the kind of home that makes sense whether you're buying for the first time or adding to a portfolio. Bright and thoughtfully laid out, with floor-to-ceiling windows, an open living space, and a balcony worth using. The kitchen has granite countertops and stainless appliances. Parking and locker are included. The building has been well looked after, with an updated gym and yoga studio. Islington Station is a 5-minute walk, and Sherway Gardens, restaurants, and highway access are all close by. A solid place to put down roots and start building.
Listed by CULTURELINK 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
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| * This material is for informational purposes only. | |||
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