3311 - 55 Mercer Street

Waterfront Communities C1, Toronto

3311 - 55 Mercer Street, Waterfront Communities C1, Toronto

$799,000

Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,141.43

About this Condo

in Waterfront Communities C1, Toronto

If downtown Condos had a "main character" 55 Mercer St, would be it. Sitting in the heart of the city and commanding its pulse, this south facing 2 bed, 2bath delivers skyline dominance with clear, unobstructed views of the CN Tower, Rogers Centre, and the lake-the ultra rare trifecta almost no one in the core can claim. In a high-end building stacked with elevated amenities-hotel level concierge, a polished fitness centre, lounges, coworking zones, entertainment spaces, and even an outdoor urban half court basketball setup with park style gym you're wrapped in a curated, premium urban lifestyle. Step outside and you're instantly plugged into Toronto's bloodstream: the PATH, world class hospitals, the Financial District, King West, the Entertainment District, and connect to every major transit artery with convenience. And with the condo market priced down and flirting with a bottom, this is the moment to stake your claim in the centre of it all before everyone catches on and price momentum builds. This isn't just a home-it's a power move in the heart of the city.

Listed by ROYAL LEPAGE SIGNATURE 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

     
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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