507 - 25 Neighbourhood Lane

Queensway, Toronto

507 - 25 Neighbourhood Lane, Queensway, Toronto

$649,000


Bedrooms: 2

Bathrooms: 2

Living Area: 800 sqft

Price Per Sqft: $811.25


About this Condo

in Queensway, Toronto

Bright & Spacious 2 Bed + Den, 2 Bath Condo with Beautiful Views! Step into this welcoming condo with a thoughtfully designed open-concept layout, perfect for both relaxing and entertaining. The kitchen features stainless steel appliances, a stylish backsplash, and Caesarstone countertops. The living and dining area flows seamlessly to your private balcony, where you can enjoy unobstructed views and an abundance of natural light throughout the day. Enjoy a lifestyle of convenience with building amenities including a fully equipped gym, guest suites, party room, bike storage, rooftop deck, and visitor parking. Located just steps from the Humber River, scenic parks, and walking trails, and only minutes to schools, shops, restaurants, groceries, and quick access to the QEW. This is a place you'll be happy to call home!

Listed by RE/MAX EXCELLENCE REAL ESTATE.


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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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