204 - 508 Wellington St W

Waterfront Communities C1, Toronto

204 - 508 Wellington St W, Waterfront Communities C1, Toronto

$599,000

Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $998.33

About this Condo

in Waterfront Communities C1, Toronto

Step into one of Toronto's most coveted boutique residences, The Downtown Condos at 508 Wellington St.W. This spacious 1-bedroom, 1-bathroom unit, with floor to ceiling south-facing windows offers 646 square feet of open-concept, modern living space. Nestled in the vibrant heart of King West, enjoy the convenience of being mere steps away from the bustling Entertainment District with the city's best restaurants and nightlife, Toronto's newest multi-use hot spot The Well, public transportation, and easy highway access for your daily commute!

Listed by ROYAL LEPAGE SIGNATURE R.

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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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