524 - 55 Merchants' Wharf

Waterfront Communities C8, Toronto

524 - 55 Merchants' Wharf, Waterfront Communities C8, Toronto

$1,899,000


Bedrooms: 2

Bathrooms: 3

Living Area: 1,200 sqft

Price Per Sqft: $1,582.50


About this Condo

in Waterfront Communities C8, Toronto

Welcome to 55 Merchants' Wharf #524 - a refined urban retreat in the heart of Torontos vibrant waterfront.This stunning 1,372 sq. ft. residence, crafted by renowned builder Tridel, offers 2+1 bedrooms and 3 elegant bathrooms and an open-concept layout designed for modern living. A rare highlight is two balconies, where you can take in sweeping, tranquil views of Lake Ontario a perfect escape from the city's bustle. Sophisticated finishes, floor-to-ceiling windows, and an abundance of natural light elevate the living experience. One Parking and One Locker Included. Nestled in a thriving neighbourhood, you'll enjoy easy access to Toronto's best from the iconic St. Lawrence Market and Sugar Beach to the historic charm of the Distillery District, and Scotia Bank Arena and Rogers Centre. Quick access to major highways ensures seamless connectivity across the city. 55 Merchants' Wharf is more than a home - it's a lifestyle. Embrace luxury waterfront living and soak in the beauty of Lake Ontario from this exceptional condo. Building amenities are spectacular: Rooftop infinity pool and hot tub, bookable private BBQ areas, a theatre, large exercise room, party room, library, Concierge And 24/7 Security.

Listed by GOLDEN HOUSE 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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