1616 - 215 Queen Street W

Waterfront Communities C1, Toronto

1616 - 215 Queen Street W, Waterfront Communities C1, Toronto

$349,900

Bedrooms: 0

Bathrooms: 1

About this Condo

in Waterfront Communities C1, Toronto

Turnkey opportunity in the heart of downtown Toronto! Welcome to 215 Queen St - a smartly designed studio suite in a high-demand location, ideal for both investors and first-time buyers looking to enter the market. This efficient open-concept layout maximizes every inch of space, featuring Large windows, modern finishes, and a sleek kitchen with ample storage. Currently tenanted, this unit offers immediate rental income for investors, while also presenting a fantastic entry point for buyers seeking a low-maintenance urban lifestyle in a prime location. Unmatched Location & Future Growth Potential * Right Next to Major Subway Station for 2 Subway Lines (Line 1 Osgoode Station & New Ontario Line Station (Major Upside*) High Demand Area with Starbucks in the Building* Steps to Nathan Philip Square, Theatres, Shops, Schools & Top Restaurants, Walk to Union Station in 15 minutes, Up Express to Pearson, CN Tower & Major Sports Stadiums. 24 Hours Concierge, Fitness Centre, Party Room, Bookable Patio with BBQs. This is a location that continues to dive strong demand and long-term value. Whether you're building your portfolio or looking for your first home in the downtown core, this is an opportunity not to be missed.

Listed by PROPERTY.CA 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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