1502 - 55 Mercer Street

Waterfront Communities C1, Toronto

1502 - 55 Mercer Street, Waterfront Communities C1, Toronto

$1,068,800


Bedrooms: 3

Bathrooms: 2

Living Area: 800 sqft

Price Per Sqft: $1,336.00


About this Condo

in Waterfront Communities C1, Toronto

Sun-Filled, Airy & Chic - Welcome to this stunning southwest-facing 3-bedroom suite with parking and locker at the luxurious Fendi-designed residence, 55 Mercer. Enjoy breathtaking CN Tower views from all bedrooms, a highly functional open-concept layout with no wasted space, and one of the best split-bedroom floor plans for maximum privacy and comfort.This elegant suite features 9-ft ceilings, floor-to-ceiling windows, a walk-out balcony, and a sleek modern kitchen finished with high-end European appliances, quartz countertop and backsplash, plus generous kitchen storage. The spa-inspired bathrooms add a refined touch, while Athe spacious southwest-facing primary bedroom offers a 4-piece ensuite and large mirrored closet. The second bedroom also enjoys bright southwest exposure, making this home ideal for end-users, investors, or anyone seeking stylish downtown living in the heart of Toronto's Entertainment District. 55 Mercer is one of downtown Toronto's newest luxury residences, located steps from King West, the heart of Entertainment/ Financial District, offers unmatched walkability - with the street car, subway, Path, shops, theatres, restaurants, cafes, and everything you need just a short stroll from your doorstep. Conveniently located within walking distance to the CN Tower, Rogers Centre, Chinatown, Queen West, and many more downtown hotspots. Residents enjoy world-class amenities across three levels, including Grand Lobby Furnished by FENDI, a state-of-the-art 2 level gym fitness centre with Peloton pods and HIIT training zones, yoga studio, infrared cedar saunas, co-working spaces, boardrooms, landscaped outdoor terraces, basketball-court, BBQ areas and a dog run, private dining room. Parking and locker included. Bonus: Bell high-speed internet is included in the maintenance fees.

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


     
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* This material is for informational purposes only.

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