1002 - 7 Michael Power Place

City Centre West, Toronto

1002 - 7 Michael Power Place, City Centre West, Toronto

$495,000


Bedrooms: 2

Bathrooms: 1

Living Area: 800 sqft

Price Per Sqft: $618.75


About this Condo

in City Centre West, Toronto

Beautifully maintained 2 bedrooms, 1 bathroom suite with 795 sq ft interior and 30 sq ft balcony. This unit offers a very functional and private split-bedroom layout with a spacious,open-concept main living area perfect for everyday living and entertaining. The primary bedroom features his-and-hers closets with convenient semi-ensuite access, while the bathroom has been fully renovated with solid wood vanity, stylish counter, modern tiles and complemented by updated lighting throughout the unit for a modern, refreshed feel. Step out onto the spacious balcony creating a cozy outdoor extension of your living space. Enjoy building amenities including a fully equipped gym with a cardio room, newly renovated in 2026 party room with a kitchen & meeting room, a billiards room, and a golf simulator. Walking distance to schools and directly across from the coming soon new location of Etobicoke Civic Centre with pool, rec centre, library and more. Islington Village, a beautiful park with splash pad and playground at your doorstep.Waking distance to Islington Station and Kipling GO Station, with easy access to the Gardiner Expressway and Highway 427 just minutes away. Maintenance fee includes all utilities! 1 Parking & 1 Locker Included.

Listed by REMAX YOUR COMMUNITY REALTY.


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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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