519 - 8 Mercer Street

Waterfront Communities C1, Toronto

519 - 8 Mercer Street, Waterfront Communities C1, Toronto

$599,000

Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,198.00

About this Condo

in Waterfront Communities C1, Toronto

WELCOME TO 8 MERCER, BEAUTIFUL BRIGHT 1 BR PLUS DEN UNIT WITH AN (598 SQ FT PLUS 68 SQFT BALCONY) AMAZING VIEW W/9 FT FLAT CEILING, UPGRADED KITCHEN WITH AN OVER SIZED ISLAND. PERFECT FOR ENTERTAINING. LOCATED IN THE HEART OF DOWNTOWN, NEXT TO ROY THOMSON HALL, STEPS TO THEATERS, OVERLOOKING FOUR SEASON PERFORMING ART CENTRE. FINEST RESTAURANTS. SHORT WALK TO FINANCIAL DISTRICT AND THE LAKE.

Listed by HOMELIFE MAPLE LEAF REALTY LTD..

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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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