618 - 255 Richmond Street E

Moss Park, Toronto

618 - 255 Richmond Street E, Moss Park, Toronto

$554,900


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $924.83


About this Condo

in Moss Park, Toronto

Bright Loft Living In The Heart Of Downtown Toronto! Move right into this spacious 1-bedroom, 1-bath loft condo and make it your own! Offering over 650 sq ft of interior living space, this open-concept suite combines urban convenience with plenty of potential for your personal touches! Floor-to-ceiling windows flood the unit with natural light, creating an airy feel throughout the living and dining areas. The functional layout offers clear zones for lounging, working, and dining, while still feeling open and loft-like. The kitchen is clean and move-in ready, with room to update finishes and fixtures over time to match your style!The generous upper floor bedroom area provides ample space for a king bed and additional furniture, and the 4-piece bathroom is in good condition, ready for everyday use with the option to modernize in the future. Step outside to a breathtaking and unobstructed view of the city on your private balcony! Neutral finishes throughout mean you can settle in immediately, then customize at your own pace! A rare oversized locker and included parking spot add valuable storage and everyday convenience-ideal for bikes, seasonal items, or hobby gear. Located in downtown Toronto, you are close to all amenities: transit, shops, restaurants, cafes, entertainment, and everyday essentials are just steps away. This loft condo is perfect for first-time buyers, busy professionals, or investors seeking a move-in ready space with the flexibility to upgrade and personalize over time.

Listed by THE DIAMOND 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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