608 - 550 Queens Quay W

Waterfront Communities C1, Toronto

608 - 550 Queens Quay W, Waterfront Communities C1, Toronto

$799,000


Bedrooms: 1

Bathrooms: 2

Living Area: 900 sqft

Price Per Sqft: $887.78


About this Condo

in Waterfront Communities C1, Toronto

Rarely available oversized one-bedroom plus den with two baths, nearly 1,000 sq. ft. of interior living space and unobstructed south-facing lake views. Perfectly positioned across from Toronto Music Garden, this spacious waterfront residence offers a highly sought-after combination of size, functionality, and breathtaking views. The sun-filled open-concept layout features generous living and dining areas, a versatile den ideal for a home office or guest space, and a private 100+ sq. ft. balcony overlooking the lake and parkland. Enjoy the flexibility to move in and personalize over time while benefiting from an exceptional floor plan rarely found in today's condo market. Located in an intimate, well-managed boutique building with a fitness centre, rooftop terrace with BBQs, party room, guest suite, visitor parking, and 24-hour concierge. Includes a privately owned EV Tesla (NACS) charger. Steps to Harbourfront, the Financial District, waterfront trails, parks, dining, and entertainment.

Listed by RIGHT AT HOME REALTY, BROKERAGE.


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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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