502 - 16 Yonge Street

Waterfront Communities C1, Toronto

502 - 16 Yonge Street, Waterfront Communities C1, Toronto

$725,000


Bedrooms: 2

Bathrooms: 2

Living Area: 800 sqft

Price Per Sqft: $906.25


About this Condo

in Waterfront Communities C1, Toronto

Live in luxury at the Pinnacle Centre, a truly rare offering featuring a one-of-a-kind private use 315 sqft tree-lined terrace with CN Tower views and BBQ permitted-an exceptional outdoor extension of your living space. This stunning corner 2+den suite boasts a spacious and functional layout, designed for both comfortable living and entertaining. The gourmet kitchen is equipped with granite countertops, stainless steel appliances, a large pantry, and ample storage, seamlessly flowing into the expansive living and dining area. Retreat to the primary bedroom oasis featuring a generous closet and private ensuite bath. A well-proportioned second bedroom and versatile den provide flexibility for families, guests, or a home office. Finished with smooth ceilings and elegant crown moulding throughout, this suite offers a refined living experience in one of downtown's most sought-after buildings. Amazing amenities include 24 hr security, fitness centre/spa, billiards, tennis court, guest suites, and an indoor pool. Unbeatable location just steps to the waterfront, Union Station, financial district, and all of Toronto's premier dining, shopping, and entertainment.

Listed by RE/MAX PLUS CITY TEAM INC./RE/MAX SOLUTIONS BARROS GROUP.


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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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