302 - 1 Michael Power Place

City Centre West, Toronto

302 - 1 Michael Power Place, City Centre West, Toronto

$628,900


Bedrooms: 1

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $628.90


About this Condo

in City Centre West, Toronto

Welcome to 1 Michael Power Place, the newest building in the Michael Power community. This rarely offered 1,080 sq ft layout is among the largest in the building, offering exceptional space and flexibility. The den, complete with a door, can easily function as a second bedroom. The oversized primary bedroom features a large walk-in closet and a private ensuite, with enough space to accommodate a home office setup. The expansive living and dining area offers further potential to create additional workspace/room. Enjoy outstanding value with an extra-large corner locker, ideal for storing winter tires, bicycles, or even a full-size scooter - see photo. An extra-large parking space on level P1 is also included. This well-maintained unit features modern, upgraded finishes, newer flooring, and includes a floating TV stand/console and a pair of beautiful closets. Move in with confidence-no renovations or upgrades required. Conveniently located within walking distance to Islington Station, and close to schools including Islington JMS and Etobicoke Collegiate Institute. Situated in a family-friendly neighbourhood with parks nearby and a golf course just minutes away. Residents enjoy excellent amenities, including an indoor pool, sauna, fitness centre, party room, theatre room, billiards room, 24-hour concierge, and ample visitor parking. A must-see opportunity offering space, versatility, and unbeatable convenience.

Listed by HOMELIFE LANDMARK 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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