502 - 41 Lake Shore Drive

New Toronto, Toronto

502 - 41 Lake Shore Drive, New Toronto, Toronto

$499,000


Bedrooms: 2

Bathrooms: 1

Living Area: 800 sqft

Price Per Sqft: $623.75


About this Condo

in New Toronto, Toronto

Bright & Spacious Corner Suite. Two Bedroom Apartment In Well Maintained Co-Op Building. Large Living And Dining Room With Hardwood Floors and Walk-Out To Beautiful Long Balcony. Kitchen Has Granite Counters, Stainless Steel Appliances and Ceramic Backsplash. Large Primary Bedroom With Walk In Closet. Lake Views From Bedrooms. Quiet Lakefront Building. Exclusive Use Underground Parking. Exclusive Use Locker. Maintenance Fee Includes Property Taxes, Heat, Hydro, Water and Building Insurance. *Dogs Are Not Permitted. Must Be Owner Occupied Only, No Rentals. Building Has Shared Laundry Room (Coin Operated). Excellent Location - Steps To Transit, Schools, Parks, & Shops.

Listed by REALTY LIFE 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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