601 - 17 Michael Power Place

City Centre West, Toronto

601 - 17 Michael Power Place, City Centre West, Toronto

$399,000


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $665.00


About this Condo

in City Centre West, Toronto

Every so often, a Toronto real estate listing comes along that makes you look twice at the price.This might be one of them. Tucked into a quiet, nine-storey building in the heart of Etobicoke, Suite 601 offers something that's becoming harder to find: a comfortable, well-kept home in a genuinely lovely community, without a price tag that makes your eyes water. And there's a lot to like here. For starters, the bedroom is actually big enough to feel like a bedroom. Imagine that. The open-concept living space is comfortable and practical, the kitchen has been thoughtfully upgraded, and there's a private balcony for your morning coffee, a little fresh air or five minutes of doing absolutely nothing. Fresh paint and an upgraded laundry pair mean you can unpack and get on with living. But here's where the numbers get interesting. Heat, hydro AND water are included in the maintenance fees. That's three monthly expenses you don't have to budget for separately. You also get your own parking space, a good sized storage locker and a built in bike rack in your parking spot. And then there's the community. This isn't one of those enormous condo towers where you might never recognize your neighbours. It's a smaller, established building with a welcoming atmosphere, a park just outside and the convenience of Islington & Kipling subway stations, shops and everyday essentials close by. The kind of place where life feels a little easier. Whether you're buying your first home, downsizing from something bigger or simply looking for a smart way into the Toronto market, there's a lot of value packed into this address.

Listed by ROYAL LEPAGE SIGNATURE 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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