507 - 8 Mercer Street

Waterfront Communities C1, Toronto

507 - 8 Mercer Street, Waterfront Communities C1, Toronto

$648,900

Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $1,081.50

About this Condo

in Waterfront Communities C1, Toronto

Welcome to "The Mercer". This 1 Bedroom + Den Suite Features Designer Kitchen Cabinetry With Stainless Steel Appliances, Stone Countertops & a Breakfast Bar. Bright High Floor-To-Ceiling Windows With Hardwood Flooring Throughout. A Spacious Sized Master Bedroom With a Mirrored Double Closet. This location is in the heart of the best that Toronto has to offer! Literally - Walk Score of 98, Transit score 100, Bike score 90! Steps To The Underground P.A.T.H., City's Finest Restaurants, Sports/Concert Venues, Lounges & Theatres On King St. West, The Financial & Entertainment Districts. The Building Features a 24hr Concierge, visitor parking, fitness center, hot tub, sauna, media room, outdoor terrace, and party room. 1 secure underground parking spot and locker included. Functional open concept plan. Den large enough to use as a dining room! Upgraded and high end engineered flooring throughout (as-is). The spacious living and dining areas seamlessly blend, leading to a generous yet private balcony-perfect to enjoy your favorite morning home brew! The upgraded Hollywood kitchen is truly the heart of the home. Featuring an eat in extended layout, enlarged centre island with breakfast bar, neutral quartz countertops and backsplash, upgraded lighting, and a separate laundry room. Large primary suite!

Listed by CENTURY 21 INNOVATIVE 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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