4805 - 55 Mercer Street

Waterfront Communities C1, Toronto

4805 - 55 Mercer Street, Waterfront Communities C1, Toronto

$499,000

Bedrooms: 1

Bathrooms: 1

About this Condo

in Waterfront Communities C1, Toronto

Luxury awaits on the 48th floor of 55 Mercer! This premium 1-bedroom corner suite offers an exceptionally bright, highly efficient layout with zero wasted space. Wrap-yourself in stunning panoramic views through soaring floor-to-ceiling windows that flood the home with natural light. The modern kitchen features seamless built-in appliances, quartz counters, and sleek cabinetry. Enjoy a grand FENDI-furnished lobby and over 18,000 sq ft of elite 6-star amenities:a multi-floor fitness centre with Peloton pods, infrared saunas, a dedicated co-working space with private boardrooms, a half-court outdoor basketball court, a dog run, and 24hr concierge.Unbeatable location in the heart of the Entertainment District-steps to the PATH, St.Andrew/Union stations, King West dining, Rogers Centre, and TIFF Lightbox. Perfect for young professionals or savvy investors looking for a high-demand turn-key asset!

Listed by ROYAL LEPAGE SIGNATURE REALTY.

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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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