2901 - 8 Mercer Street

Waterfront Communities C1, Toronto

2901 - 8 Mercer Street, Waterfront Communities C1, Toronto

$555,000

Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,110.00

About this Condo

in Waterfront Communities C1, Toronto

Prime Location! Steps from the Underground PATH. This 1 Bed + Den, 1 Bath unit offers 558 sq. ft. of living space plus a 65 sq. ft. balcony. Featuring an excellent layout with a spacious kitchen, built-in dining table, stainless steel appliances, and quartz countertops. Walking distance to St. Andrew Subway, streetcar, the Entertainment, Financial, and Fashion Districts, Rogers Centre, and top-rated restaurants.

Listed by HOMELIFE LANDMARK REALTY INC..

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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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