4606 - 55 Mercer Street

Waterfront Communities C1, Toronto

4606 - 55 Mercer Street, Waterfront Communities C1, Toronto

$450,000

Bedrooms: 0

Bathrooms: 1

About this Condo

in Waterfront Communities C1, Toronto

Welcome to 55 Mercer - a modern studio perched on the 46th floor with a clear north-facing view. This efficiently designed unit offers contemporary finishes, integrated appliances, and floor-to-ceiling windows that bring in plenty of natural light. Located in the heart of the Entertainment District, steps from transit, top restaurants, shops, and cultural hotspots. Enjoy access to exceptional building amenities, including a state-of-the-art fitness centre. Perfect for professionals or students seeking a connected downtown lifestyle.

Listed by UNION CAPITAL 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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