402 - 650 King Street W

Waterfront Communities C1, Toronto

402 - 650 King Street W, Waterfront Communities C1, Toronto

$499,000


Bedrooms: 1

Bathrooms: 1


About this Condo

in Waterfront Communities C1, Toronto

Welcome to your downtown Toronto home in the vibrant King & Bathurst neighbourhood, a stylish 1 bedroom condo perfectly suited for first-time buyers or investors looking to own in one of the city's most energetic communities. This bright & inviting suite's open concept design makes the space comfortable for everyday living & entertaining. Tall ceilings make an airy loft atmosphere & white walls enhance the sense of space & light. The kitchen blends style & function w/sleek granite countertops, glass backsplash, built-in dishwasher, & ample prep space for cooking. Easily host friends or have a relaxing, quiet evening in. The 4-pc bath features a generous tub, granite ledge for everyday essentials, & a modern Corian sink w/backsplash bringing the design together beautifully. Tile flooring in the bathroom offers easy maintenance & engineered hardwood thru/o the rest of the unit provides warmth & a sophisticated finish. Whether you're starting your ownership journey or adding to an investment portfolio, this unit offers exceptional value in a desirable downtown location w/everything Toronto has to offer just moments from your door. Nearby Fashion District, vibrant restaurants, cafés, nightlife & legendary Kensington Market offer endless options for food, culture, shopping & entertainment. Sports fans will love close prox. to Rogers Centre w/the iconic CN Tower a short distance away. The waterfront Lakeshore Trail is easily accessible, just south of the building w/scenic walking paths, cycling & beautiful lake views. Commute w/ease w/TTC transit steps from the building's entrance for city-wide connectivity. The Jack Layton Ferry Terminal offers quick access to Toronto Island weekend escapes & Billy Bishop Airport nearby is convenient for business & leisure. Offering comfort, style & a great downtown location, this is an excellent opportunity to own in Toronto. **Photos & Virtual Tour are from 2021, no major changes to unit.

Listed by CRESCENT REAL ESTATE 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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