516 - 118 Merchants Wharf Avenue

Waterfront Communities C8, Toronto

516 - 118 Merchants Wharf Avenue, Waterfront Communities C8, Toronto

$699,000

Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,398.00

About this Condo

in Waterfront Communities C8, Toronto

An exceptional opportunity to enjoy affordable downtown living with unmatched city convenience. Welcome to Aquabella at Bayside by Tridel, where modern comfort meets an unbeatable location just steps from Toronto's waterfront. This spacious one-bedroom plus den suite offers laminate flooring throughout, quartz countertops, 9-foot smooth ceilings, and high-speed fibre-optic internet-ideal for both everyday living and working from home. Located minutes to the downtown core, Distillery District, shops, and dining, with public transit literally at your doorstep, this home delivers outstanding value for those seeking a connected urban lifestyle without compromise. Residents enjoy an impressive lineup of amenities including a 7th-floor rooftop terrace with pool and cabanas, fitness centre, yoga studio, saunas, theatre, and resident lounge, all complemented by a grand lobby with 24-hour concierge service. A Platinum LEED-certified building, this is a must-see for buyers or tenants looking to maximize value, lifestyle, and location.

Listed by REAL BROKER ONTARIO 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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