MYC Condo: Toronto Condominiums For Sale - 25 Merton St, M4S 1X8, Ontario
 

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Myc Condo

Condominium For Sale

From $270,000
25 Merton St , Toronto, ON, M4S 1X8
Condo Description
Dreams come alive when you live every day in the lap of luxury provided by MYC Condo near downtown Toronto. This amazing 25-floor construction plan offers an unobstructed and picturesque view of downtown Toronto that you would have to see to believe. The nine-foot tall floor to ceiling windows allow for a feeling of spacious living even in the smallest units measuring a cozy 519 sq. ft. Architect Peter Clews designed this building to fill the niche of urban contemporary flavor with a neo-postmodern layout indoors. Terraced gardens with walkways spanning the entire distance allow for a feel of intimacy and isolation while keeping nature close and inviting. The roof is made of light colored panels to help keep the heat from penetrating too deeply in the hot summer months, making this an achievement of pleasure and environmental soundness.

The largest of the units boasts a spacious 1256 sq. ft. of unparalleled living space in arguably the most incredible plot in the greater Toronto area. With only eight units per floor, residents will be able to maintain as much privacy as they require. The chic interior of each area is designed to flow together so as to keep the sleek lines moving, inviting, and relaxing.

As you enter the two-story lobby, you will be wowed by the awesome design style showcasing a bit of a New York feel. MYC (Merton Yonge Condominiums) is an intentional pun on NYC living and design flavor. It is easily realized when you enter the cavernous lobby designed by the rising star of condo design Peter Clewes of Architect Alliance.

24/7 security enhances the safety of MYC, allowing you to enjoy the vast array of amenities offered. Take a dip in the pool after a workout in the gym or enjoy all that downtown Toronto has to offer by hopping on the nearby subway. Visit the Yonge and Eglinton shopping mall, which is conveniently located within walking distance from MYC. If you would rather stay at home to watch a movie or have friends over for a movie night, MYC sports a state of the art media center with theater style seating allowing you and your friends a night on the red carpet without having to leave home. Prices range from $270,000 to $700,000 including state of the art, brand name appliances, and just the right interior layout to fit your personality and lifestyle.

Property Features
Amenities:
Gym, Security 24/7, Pool
Appliances:
Stainless steel appliances
Floor Covering:
Carpet, Ceramic, Engineered Hardwood Floor
Bathroom:
Bath Tub, Separate Shower, Frameless Mirror, Ceramic Tile Flooring, Marble Countertop, Chrome Finish Tub/Shower filter and faucet
Exposure:
South West
Location Details:
Close to All Services, Near Park, TTC/Subway, Walking Distance to Yonge and Eglinton Shopping, Restaurants
Building/Unit Information
Project Name:

MYC Condo

Total Units:
170
Total Floors:
25
Ceiling Height:
9
Architect:
Peter Clews
Unit Types:
1 bed, 1 bed + den, 2 bed + den
Unit Sizes:
519 - 1,256 sq. ft
Units Per Floor:
8
Location Map
Map   Neighborhood Information   Street View  

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Property Summary
Property ID:  7889
Property Cat:  Condo
Property Type:  Condos
Year of Construction: 2012

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $270,000.00 is $4,950.00 and the annual property tax based on Assessment value of $270,000.00 is $2,141.00."


* The land transfer tax formula for Ontario

$0 to $55,000.00 - land transfer tax is 0.5% plus $55,000.00 to $250,000.00 - land transfer tax is 1.0%  plus $250,000.00 to $400,000.00 - land transfer tax is 1.5% plus $400,000.00 and up - land transfer tax is 2.0%


Plus


* The land transfer tax formula for Toronto, ON

$0 to $55,000.00 - land transfer tax is 0.5%  plus $55,000.01 to $400,000.00 - land transfer tax is 1.0%  plus $400,000.00 and up - land transfer tax is 2.0%


The annual property tax for Toronto ON


Assessment Value of $270,000.00


Total Tax is: $2,141.00*
$624.00 goes to Education
$1,517.00 goes to the City


The total property tax is divided between city tax and education tax. A portion of this tax goes to fund the Province's Education system.


For 2011 the municipal tax rate is 0.5619218%.
For 2011 the education tax rate is 0.231000%.
The total tax rate for 2011 is 0.7929218%.



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See Also: Toronto Real Estate     Toronto Condos For Sale     Toronto Condominium For Sale


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