1701 - 25 The Esplanade

Waterfront Communities C8, Toronto

1701 - 25 The Esplanade, Waterfront Communities C8, Toronto

$599,000


Bedrooms: 1

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $855.71


About this Condo

in Waterfront Communities C8, Toronto

Investment in Toronto's Landmark Flatiron South-Facing Suite with Premium Tenant at 25 The Esplanade! Own a slice of architectural history in one of Toronto's most recognizable towers. Inspired by New York's famed Flatiron Building, Suite 1701 at 25 The Esplanade is a rare opportunity to buy at today's prices and move in later. This 725 sq. ft. south-facing suite is currently tenanted until June 2026 by a Triple-A tenant, making it an ideal hold for investors, parents planning ahead, or those seeking a centrally located pied-à-terre in the heart of the city. Positioned just steps from the PATH, with access to Union Station, the Financial District, TTC, GO Transit, UP Express, and all that Toronto offers, concerts, global dining, sports, shopping, theatre, and airports, this is urban connectivity at its finest. Inside, the layout offers flexibility. Many owners have reconfigured the bedroom to create additional living space without compromising the dining area. Maintenance fees include all utilities (currently $0.88 per sq. ft.), and the building is known for its outstanding management and strong community. Exceptional amenities include: 24-hour concierge and on-site security, an Iconic nose cone party room with sweeping city views, Rooftop terraces, BBQs, and a half-acre SkyPark with seating and play area. Well-equipped gym, whirlpool, saunas, and change rooms. Billiards room, boardroom, and secure bike storage. Zipcar access and underground monthly rental parking ($250/month, HST included). A strategic investment in one of Toronto's most connected neighbourhoods.

Listed by STRATA REAL ESTATE.


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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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