923 - 388 Richmond Street W

Waterfront Communities C1, Toronto

923 - 388 Richmond Street W, Waterfront Communities C1, Toronto

$799,000

Bedrooms: 2

Bathrooms: 1

Living Area: 800 sqft

Price Per Sqft: $998.75

About this Condo

in Waterfront Communities C1, Toronto

Welcome to District Lofts at 388 Richmond St. W. Boutique Living in the Heart of Downtown.This bright and spacious loft-style 2 bedroom condo features soaring ceilings, floor-to-ceiling windows, and a private balcony with sweeping views of downtown Toronto. Includes a rare underground parking spot.Enjoy top-tier amenities: gym, rooftop terrace, party room, and concierge service all in a sought-after, architecturally distinct building.Located in the heart of the Entertainment District with Queen West, King West, world-class dining, shopping, nightlife, and public transit all just steps away.Ideal for professionals, creatives, and investors looking to own in one of Torontos most vibrant and walkable neighbourhoods.

Listed by RE/MAX PRIME PROPERTIES - UNIQUE GROUP.

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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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