312 - 55 Mercer Street

Waterfront Communities C1, Toronto

312 - 55 Mercer Street, Waterfront Communities C1, Toronto

$535,000


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,070.00


About this Condo

in Waterfront Communities C1, Toronto

Welcome To 55 Mercer, Nestled In The Heart Of The Entertainment District. This Brand New 1 Bedroom 515 Sqft. With Open-Concept Layout Seamlessly Connects The Living, Dining, And Kitchen Areas, Perfect For Entertaining Or Relaxing. Large Windows Flood The Space With Natural Light, Creating An Inviting Atmosphere. Enjoy Access To 3 Floors Of State-Of-The-Art Fitness Facilities, Co-Working Spaces, Rooftop Garden, And Party Room. Steps Away From TIFF, Rogers Centre, And CN Tower, Nobu, Along With World-Class Shopping, Restaurants, And Cafes. *Experience The Best Of City Living Today!*

Listed by BAY STREET GROUP 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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