LPH06 - 7 Michael Power Place

City Centre West, Toronto

LPH06 - 7 Michael Power Place, City Centre West, Toronto

$525,000


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $875.00


About this Condo

in City Centre West, Toronto

This chic, south-facing lower Penthouse Suite delivers a bright, modern vibe perfect for your morning coffee or hosting friends. The sun-flooded, open layout features a versatile separate den that easily functions as a home office or guest bedroom. Enjoy low-maintenance living with fees that conveniently cover heat, hydro, and water. This desirable building offers top-tier amenities: 24-hour concierge, fitness center, billiards, party room, outdoor BBQ terrace, and plenty of free guest parking. Port Royal Place offers the ultimate urban lifestyle in west-end Toronto's picturesque Islington Village. This neighborhood is the perfect downtown alternative, combining tree-lined streets and miles of scenic park trails with unmatched commuter convenience. Walk to Islington Subway, GO Transit, Tom Riley Park, and Dundas Street retail. You are also close to major highways and Sherway Gardens, keeping you just 20 minutes from downtown Toronto and Pearson Airport. Beautifully maintained and move-in ready, this outstanding suite is ready to welcome you home.

Listed by BOSLEY REAL ESTATE LTD..


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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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