703 - 25 Neighbourhood Lane

Queensway, Toronto

703 - 25 Neighbourhood Lane, Queensway, Toronto

$679,900


Bedrooms: 2

Bathrooms: 2

Living Area: 900 sqft

Price Per Sqft: $755.44


About this Condo

in Queensway, Toronto

Experience urban living at its finest in this pristine 2-bed + den condo. Nestled at 25 Neighbourhood Lane, this gem offers a spacious layout of almost 1000 sq ft and 9 ft ceilings. Natural light floods the space, complementing the laminate floors and custom blinds, creating an inviting ambiance. The kitchen is a masterpiece of modern design, featuring stainless steel appliances, sleek quartz countertops, and a stylish tile backsplash. The primary bedroom boasts an ensuite and walk-in closet, while the 2nd bedroom and den provide versatile spaces for work or relaxation. Building perks include a fully equipped gym, chic party room, guest suites, and outdoor BBQ area for summer enjoyment. With public transport, shops, dining, parks, and trails nearby, convenience is your constant companion. Make this immaculate condo your urban haven. Great opportunity for professionals, up sizers, downsizers, and investors. The current tenants have maintained the property exceptionally well and have a track record of on-time rent payments. For investors seeking immediate income, tenancy details and payment records are available upon request. Vacant possession may also be available.

Listed by RE/MAX METROPOLIS 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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