1004 - 140 Simcoe Street

Waterfront Communities C1, Toronto

1004 - 140 Simcoe Street, Waterfront Communities C1, Toronto

$549,000

Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $915.00

About this Condo

in Waterfront Communities C1, Toronto

Are you a first time home buyer looking for the perfect condo in the heart of the city steps to work and entertainment? Or an investor looking for an easy to rent property close to U of T and financial district? Look no more! This is the perfect opportunity to own a clean, owner-occupied, spacious one bedroom property downtown Toronto with a functional layout that offers rare privacy, semi-enclosed kitchen, an actual private bedroom with a proper door and a mudroom entryway offering separation from your living area. The bright, spacious unit is tucked away on Simcoe street close enough to the hustle and bustle of King and Queen West and the South-East location offers plenty of light on a quiet street. With a 100 transit and walk score you cant get any better than this: steps from Osgood & St. Andrew subway stations, Queen & King streetcars, The Path, U of T, Eaton Centre, Rogers Centre, TIFF Lightbox, CN Tower, Entertainment district and Restaurants. Building amenities include 24-hour concierge, a gym, a party room, and a rooftop terrace. Don't miss out! This is the one!

Listed by RE/MAX ULTIMATE 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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