LPH07 - 7 Michael Power Place

City Centre West, Toronto

LPH07 - 7 Michael Power Place, City Centre West, Toronto

$589,999


Bedrooms: 2

Bathrooms: 2

Living Area: 800 sqft

Price Per Sqft: $737.50


About this Condo

in City Centre West, Toronto

Welcome to this sophisticated lower penthouse 2-bedroom suite, located in the highly desirable Islington Village in central Etobicoke. This spacious corner unit features a thoughtfully designed split-bedroom layout with two full bathrooms, offering both comfort and privacy. Expansive floor-to-ceiling windows flood the space with natural light, creating a bright and inviting atmosphere throughout. The contemporary galley kitchen is equipped with stainless steel appliances, while gleaming hardwood floors add a refined touch of elegance. Quiet and functional, this residence is ideal for those seeking a harmonious balance of tranquility and convenience with 24/7 Concierge, Pool Table & Golf Simulator. Situated just minutes from the prestigious Islington Golf Club and a short walk to Islington Subway Station, nearby parks, top-rated schools, and a diverse selection of restaurants, this home offers the perfect combination of urban living and upscale community charm.

Listed by ROYAL LEPAGE REALTY PLUS OAKVILLE.


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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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