2809 - 55 Mercer Street

Waterfront Communities C1, Toronto

2809 - 55 Mercer Street, Waterfront Communities C1, Toronto

$870,000


Bedrooms: 1

Bathrooms: 2

Living Area: 600 sqft

Price Per Sqft: $1,450.00


About this Condo

in Waterfront Communities C1, Toronto

Luxury 55 Mercer Condo located in the heart of Downtown Toronto's vibrant entertainment district. Gorgeous view for CN tower and lake Ontario. Bright & sun-soaked corner unit w/functional 1+1 layout wrapped by floor to ceiling windows. 9ft ceiling. Laminate flooring throughout. Modern open concept kitchen. Quartz counter. Backsplash. Built-in stainless steel appliances. Two 4 pieces full bathrooms. Primary bedroom w/sliding door to open balcony. Den can be 2nd bedroom separated by sandblasted glass sliding door. Steps away from Nobu, TIFF, Rogers centre, CN tower, the well. Location offers excellent connectivity, with easy access to public transportation, including streetcars and subway stations.

Listed by RE/MAX EXCEL REALTY LTD./SKYLETTE MARKETING 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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