1222 - 0 Parking - 505 Richmond Street W
Waterfront Communities C1, Toronto
$1,075,000
Bedrooms: 2
Bathrooms: 2
Living Area: 700 sqft
Price Per Sqft: $1,535.71
About this Condo
in Waterfront Communities C1, Toronto
The Waterworks Condos, located at 505 Richmond Street West in Toronto, is a mixed-use residential building that integrates a heritage-designated industrial building with a contemporary 13-story condominium. Completed in 2021, the development by MOD Developments and Woodcliffe Landmark Properties is situated in the Fashion District and overlooks St. Andrew's Park.
Listed by MARQUIS REAL ESTATE CORPORATION.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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
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| * This material is for informational purposes only. | |||
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