507 - 25 Neighbourhood Lane

Queensway, Toronto

507 - 25 Neighbourhood Lane, Queensway, Toronto

$599,000


Bedrooms: 2

Bathrooms: 2

Living Area: 800 sqft

Price Per Sqft: $748.75


About this Condo

in Queensway, Toronto

Bright, Spacious & Move-In Ready 2 Bed + Den, 2 Bath Condo with Stunning Views. Welcome to this beautifully designed condo featuring a bright open-concept layout that perfectly blends comfort and functionality-ideal for both everyday living and entertaining. The modern kitchen is equipped with stainless steel appliances, a sleek backsplash, and elegant Caesarstone countertops, offering both style and practicality. The spacious living and dining area flows effortlessly to a private balcony, where you can unwind and enjoy unobstructed views along with plenty of natural sunlight throughout the day. Residents enjoy access to premium building amenities, including a fully equipped fitness centre, guest suites, party room, bike storage, rooftop terrace, and ample visitor parking. Perfectly located just steps from the Humber River, scenic parks, and walking trails, and only minutes to schools, shopping, restaurants, grocery stores, and quick access to the QEW, this home offers the ideal balance of nature and urban convenience. A perfect place to call home. ALSO INCLUDED IS UNIT 36, LEVEL D, UNIT 84, LEVEL D, TORONTO STANDARD CONDOMINIUM PLAN NO. 2983

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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