2805 - 390 Cherry Street

Waterfront Communities C8, Toronto

2805 - 390 Cherry Street, Waterfront Communities C8, Toronto

$549,900


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,099.80


About this Condo

in Waterfront Communities C8, Toronto

Welcome to this beautifully appointed 1 + den suite at The Gooderham, ideally located at 390 Cherry Street in Toronto's iconic Distillery District. This east-facing residence captures serene morning light and offers a calming lake view backdrop, bringing a rare sense of openness to downtown living. Complete with one parking space and an EV charging add-on available, it's urban convenience without compromise. Inside, the thoughtfully designed layout maximizes every square foot. The functional den works beautifully as a home office, study space, while the semi-ensuite bathroom provides practical, seamless access. Modern touches throughout create a clean, contemporary feel, complemented by upgraded laundry for everyday ease. Residents enjoy access to high-end amenities, including an outdoor pool and a fully equipped indoor gym, supporting an active and balanced lifestyle. With George Brown College just minutes away, the location adds flexibility and appeal for end users and investors alike. Surrounded by historic architecture, boutique cafés, acclaimed restaurants, and waterfront trails, this is a stylish opportunity to own in one of Toronto's most vibrant and walkable communities.

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


     
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Amortization:  
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* This material is for informational purposes only.

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