401 - 8 Mercer Street

Waterfront Communities C1, Toronto

401 - 8 Mercer Street, Waterfront Communities C1, Toronto

$625,000

Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $1,041.67

About this Condo

in Waterfront Communities C1, Toronto

The Mercer Residence At King West Village, Heart Of Entertainment District & Close ToFinancial,Fashion District, great Restaurants, TTC At The Door Step. Across The Street To Underground Path To St. Andrew Subway.1 Bedroom + Study. A luxurious 567 Sqft living space w/68Sqft open Balcony to enjoy. Unit features a Centre island /breakfast bar and beautiful Laminate flooring throughout. A well maintained unit facing north-east with bright sunlight in morning.

Listed by HOMELIFE/ROMANO 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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