1309 - 505 Richmond Street W

Waterfront Communities C1, Toronto

1309 - 505 Richmond Street W, Waterfront Communities C1, Toronto

$2,249,000


Bedrooms: 2

Bathrooms: 3

Living Area: 1,600 sqft

Price Per Sqft: $1,405.63


About this Condo

in Waterfront Communities C1, Toronto

The welcoming Waterworks Residences artfully integrates authentic character with modern loft design. This iconic building provides the community with its own Food Hall, Y.M.C.A. and a pet friendly St Andrews Playground Park just steps away. Floor to Ceiling Windows illuminate this vibrant northeast corner penthouse. The impact is immediate! Sweeping 270 degree daytime views give way to glittering night scapes. The easy flow from the kitchen to the dining and living rooms add to the relaxed vibe. Host a balcony BBQ while watching summer sunsets. Lounge about in the expansive bedroom suite. Meticulously designed Custom Closet Built-Ins throughout offer exceptional storage while keeping the space organized and liveable. Another added bonus is the desirable split bedroom floor plan combined with the privacy of no buildings peering in. Unobstructed views for miles! The 2nd bedroom; ensuite and walk-in closet are ideal for an office, den, guest or kid's suite. An exceptional suite where light, space and calm come together.

Listed by SAGE REAL ESTATE LIMITED.


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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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