1311 - 50 Power Street

Moss Park, Toronto

1311 - 50 Power Street, Moss Park, Toronto

$509,900

Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $1,019.80

About this Condo

in Moss Park, Toronto

Unobstructed southeast views of the city and lake are the showpiece of this bright 1 bed + den, 1 bath suite at Home on Power, Great Gulf's coveted Corktown residence. Soaring 9-ft ceilings and floor-to-ceiling windows flood the open concept layout with natural light, while the contemporary kitchen boasts quartz countertops, a sleek integrated design, and premium stainless steel appliances. Light-toned engineered flooring flows seamlessly throughout, and the separate bedroom enjoys its own floor-to-ceiling window framing the skyline. A versatile den makes an ideal home office or additional bedroom space, adding flexible function and long-term value. Step onto the private balcony to take in those panoramic vistas, perfect for morning coffee or evening entertaining. Residents enjoy a standout amenity package, including 24-hour concierge, a fully equipped fitness centre, a dedicated yoga and spin studio, a cedar sauna, a stylish party and lounge room, a games room, a co-working/meeting space, and secure parcel lockers that keep deliveries safe. Set in one of Toronto's strongest growth corridors, this address is steps from the historic Distillery District, Corktown Common, and the West Don Lands, anchored by the future Corktown Ontario Line station and the multi-billion-dollar East Harbour redevelopment projected to bring 50,000-70,000 jobs. With quick connections to the TTC, DVP, and Gardiner, this is downtown ownership with exceptional upside.

Listed by RE/MAX ULTIMATE 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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Amortization:  
Percent Down:
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CMHC Prem.:
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* This material is for informational purposes only.

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