The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
FALL PROMOTION - GET 2 YEARS OF CONDO FEES PAID FOR YOU AND FURNITURE INCLUDED* Welcome to unit 611 in SoHo Champagne. This 1 bed/1 bath plus study unit has floor to ceiling windows with a stunning view of Dow's Lake, brand new laminate floors throughout, and a gorgeous modern design. The open concept living area makes entertaining a breeze, with plenty of counter space and storage in the kitchen and accompanying island. The bedroom is connected by a sliding privacy door, allowing a fully open-concept living space or a private escape in the evenings. The spa-inspired bathroom features a rainfall shower with glass doors. The SoHo Champagne has amazing amenities like a terrace and patio with a hot tub and barbecue, outdoor pool, a movie theatre, party room with full kitchen and lounge area, meeting room, 3 elevators, underground parking, and a gym. This condominium is located in Little Italy (150m from Dows Lake LRT station), where residents can enjoy dining and fun on the busy streets, or escape to Dow's Lake for time on the water or walks in the gorgeous surrounding parks.
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,297/mo
Mortgage (principal + interest)$1,272
Property taxFrom listing: $4,255/yr$355
Condo feesFrom listing$671
Minimum $16,995 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$67,980
Ontario land transfer taxProvincial brackets, no first-time refund$3,574
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$74,354
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Dows Lake - Civic Hospital and Area has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
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