809 - 1 Michael Power Place

City Centre West, Toronto

809 - 1 Michael Power Place, City Centre West, Toronto

$504,990


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $841.65


About this Condo

in City Centre West, Toronto

Welcome to 1 Michael Power Place! Bright and spacious 1-bedroom + den suite, 670 sq. ft. of well-designed living space, perfect for first-time buyers, professionals, or investors. The versatile den is ideal for a home office, guest area, or additional living space. Enjoy a functional open-concept layout featuring a comfortable living and dining area, well-appointed kitchen, generous bedroom, and plenty of natural light throughout. The building offers excellent amenities including an indoor swimming pool, party room, and 24-hour security, providing comfort, convenience, and peace of mind. Unbeatable location! Just a 5-minute walk to Islington TTC Subway Station, with easy access to shopping, restaurants, schools, parks, and everyday conveniences. Conveniently located near major highways, making commuting throughout Toronto and the GTA a breeze.

Listed by CENTURY 21 PEOPLE`S CHOICE REALTY 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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