5311 - 138 Downes Street

Waterfront Communities C8, Toronto

5311 - 138 Downes Street, Waterfront Communities C8, Toronto

$555,000

Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,110.00

About this Condo

in Waterfront Communities C8, Toronto

Corner unit at Sugar Wharf, 138 Downes Street. Functional layout with floor-to-ceiling windows and contemporary finishes. The unit provides exposure that allows for both sunrise and sunset views, with clear sightlines toward Lake Ontario and the CN Tower. Includes a 189 sq ft terrace with dual exposure. Open-concept living and kitchen area with built-in appliances. Building amenities include fitness centre, indoor pool, party room, rooftop terrace and 24-hour concierge. Located within walking distance to Union Station, Financial District, Sugar Beach, grocery stores and public transit.

Listed by FIRST CLASS STARLINK REALTY.

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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

     
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Amortization:  
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* This material is for informational purposes only.

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