518E - 500 Queens Quay W

Waterfront Communities C1, Toronto

518E - 500 Queens Quay W, Waterfront Communities C1, Toronto

$1,188,000


Bedrooms: 2

Bathrooms: 2

Living Area: 1,200 sqft

Price Per Sqft: $990.00


About this Condo

in Waterfront Communities C1, Toronto

Resort-style living on Toronto's waterfront. Offered for the first time in over 20 years, this exceptional lakefront residence presents a rare opportunity to own a beautifully maintained home with both south and north exposures, filling the space with natural light throughout the day. Spanning 1,293 sq. ft., this spacious 2-bedroom, 2-bathroom suite features generously proportioned principal rooms and bedrooms, thoughtfully designed for comfortable everyday living and effortless entertaining. Step out onto the private south-facing balcony and take in breathtaking, unobstructed views of Lake Ontario, the marina, and the picturesque Music Garden - an idyllic setting to relax, unwind, and enjoy the beauty of the waterfront. Perfectly situated just steps from waterfront trails, the marina, cafés, restaurants, shopping, transit, and Billy Bishop Airport. This residence offers an unparalleled lifestyle that combines the tranquility of lakeside living with the convenience of downtown amenities.

Listed by RE/MAX HALLMARK REALTY LTD..


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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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