Ph02 - 5 Michael Power Place

City Centre West, Toronto

Ph02 - 5 Michael Power Place, City Centre West, Toronto

$629,900


Bedrooms: 2

Bathrooms: 2

Living Area: 800 sqft

Price Per Sqft: $787.38


About this Condo

in City Centre West, Toronto

Penthouse Perfection! Spectacular City Skyline & Lake Ontario Views! Fall in love with the views, the light, and the lifestyle! Perched high above the city, this bright and spacious penthouse delivers unobstructed panoramic views of the Toronto skyline and Lake Ontario that never get old. The inviting open-concept living and dining area offers plenty of room to entertain, host dinner parties, or simply kick back and relax. Step out to your own private balcony - the perfect spot to sip a glass of wine, watch the sunset, and take in the sparkling cityscape.The thoughtfully designed split-bedroom layout offers the ideal balance of space and privacy. The generous primary bedroom features a private 3-piece ensuite, while the second bedroom is perfect for guests, a roommate, or your dream home office. A second full bathroom adds extra convenience. The stylish kitchen boasts granite countertops, stainless steel appliances, and an open view into the living area, so you can cook up a storm without missing a moment of your favourite show or the conversation! Whether you're a first-time buyer, downsizer, professional, or savvy investor, this penthouse offers the perfect opportunity to enjoy elevated city living with a view you'll never tire of! Come for the views - stay for the lifestyle! Elevated living, incredible views, and unbeatable convenience - this penthouse is the complete package!

Listed by RE/MAX HALLMARK REALTY 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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