1005 - 255 Richmond Street E

Moss Park, Toronto

1005 - 255 Richmond Street E, Moss Park, Toronto

$688,000


Bedrooms: 1

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $982.86


About this Condo

in Moss Park, Toronto

Rarely offered corner end-unit at Space Lofts. This bright and spacious 1+den layout offers nearly 1,000 sq ft of combined indoor/outdoor living, highlighted by a massive wrap-around terrace - one of the best in the building - perfect for entertaining or unwinding with unobstructed city views. Positioned on the 10th floor and set along a one-way street, the unit enjoys a quiet, peaceful atmosphere rarely found downtown. The open-concept design is filled with natural light from expansive windows and features a highly functional layout, including a large primary bedroom that comfortably fits a king-sized bed, plus a generous den ideal as a second bedroom or home office. The kitchen is equipped with granite countertops and flows seamlessly into the living and dining areas. A standout feature is the oversized parking spot that can accommodate two vehicles, with a locker conveniently located directly across - an extremely rare find downtown. All utilities are included in the maintenance fees for added convenience. Ideally located, steps to St. Lawrence Market, the Distillery District, transit, restaurants, and the waterfront. Exceptional value in a well-managed building with unbeatable convenience and outdoor space.

Listed by CENTURY 21 ATRIA 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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