318W - 500 Queens Quay

Waterfront Communities C1, Toronto

318W - 500 Queens Quay, Waterfront Communities C1, Toronto

$999,000


Bedrooms: 2

Bathrooms: 2

Living Area: 1,200 sqft

Price Per Sqft: $832.50


About this Condo

in Waterfront Communities C1, Toronto

Welcome to Prestigious 500 Queens Quay West, Unit 318W. Spacious and elegantly updated, this two-bedroom unit features floor-to-ceiling windows and striking views from every vantage point. TWO amazing balconies: southern, with views of the lake, and northern, with views of the city and the perfect spot for your private BBQ area! Uniquely situated along Toronto's iconic waterfront, with incredible views of Lake Ontario and the spectacular Toronto skyline, this beautifully renovated unit combines refined living with an unbeatable location. Tasteful hardwood throughout, complemented by elegant ceramic tile in both renovated bathrooms, with the primary bathroom featuring the comfort of in-floor heating. The open-concept kitchen is ideal for cooking & entertaining and has been beautifully refreshed with Corian countertops, updated cabinet doors & lighting. Spend cool evenings enjoying & relaxing in the warmth of the gas fireplace (motor replaced in 2024) and taking in the views of the lake. Skillfully thought out & designed to maximize space and utility, custom California Closets storage systems complement all closets, newer lighting throughout & heat pumps replaced (7 yrs), making this unit truly remarkable. Residents of this prestigious building enjoy white-glove concierge service, a fitness centre, party and meeting rooms, visitor parking, and 24-hour security. Steps from the Harbourfront, vibrant restaurants, cafes, entertainment, parks, waterfront, and transit, both TTC & highways. A truly effortless urban lifestyle!

Listed by CHESTNUT PARK REAL ESTATE LIMITED.


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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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