206 - 7 Michael Power Place

City Centre West, Toronto

206 - 7 Michael Power Place, City Centre West, Toronto

$528,800


Bedrooms: 1

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $755.43


About this Condo

in City Centre West, Toronto

Bright and spacious 1 bedroom + den, 2 bathroom condo offering 780 sq ft of well-designed living space at Port Royal Place, located at 7 Michael Power Place in the heart of Islington Village in central Etobicoke. This freshly painted suite features floor-to-ceiling windows and a sunny south exposure, an open concept living and dining area with a walkout to a large balcony, a generous kitchen with an island and excellent storage, a large primary bedroom with a double closet, 4-piece ensuite and floor-to-ceiling windows, a versatile den ideal for a home office or second bedroom, ensuite laundry and an additional full bathroom. 1 parking space and 1 locker included. Maintenance fee includes heat, hydro and water. Residents enjoy excellent building amenities including a gym, concierge, newly renovated party/meeting room, games room, golf simulator, visitor parking and more. Located directly across from the future Etobicoke Civic Centre, which will feature a pool, recreation centre, library, art gallery and more! Excellent location near Michael Power Park with playground and splash pad, Montgomery's Inn and Farmers' Market, Tom Riley Park, shops and restaurants along Dundas Street West and Six Points Plaza, and walking distance to Islington Subway Station and Kipling GO Station. Easy access to the Gardiner Expressway and Highway 427 for a convenient commute to downtown Toronto or Pearson Airport. Walk Score of 91 and Transit Score of 90! A great opportunity to own in a well-managed building in one of Etobicoke's most convenient and connected neighbourhoods.

Listed by RE/MAX PROFESSIONALS 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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