417 - 8 Drummond Street

Mimico, Toronto

417 - 8 Drummond Street, Mimico, Toronto

$859,900


Bedrooms: 2

Bathrooms: 3

Living Area: 1,000 sqft

Price Per Sqft: $859.90


About this Townhouse

in Mimico, Toronto

What's a new home if it doesn't upgrade your style, your connections, your life? Unit 417 does exactly that. Figuratively with its feel, and literally with its countless upgrades. This is one of the best layouts in the complex, featuring windows on two sides for natural cross-light, real pre-engineered hardwood throughout (zero carpet), stone counters and matching hardwood stairs and railings. There's even a powder room (one of three baths) plus custom built-ins and a Murphy Bed that makes the guest room/second bed double as a smart workspace. The family bath includes a built-in TV, so you can soak and stream episodes of "Is It Cake?" in the tub. The principal suite features double closets, its own ensuite bath, and the kind of quiet privacy that makes you forget your only minutes from downtown. The rooftop deck seals the deal, part open sun, part covered lounge, so you can bask and unwind throughout the day. This is one of the few units with both parking and a locker. And the unit itself is tucked away in a quiet corner of the complex for peace and privacy. Inside, it lives like a real home: a spacious foyer, house-sized kitchen with tasteful finishes, and a full dining and living area that can handle anything from a weeknight dinner to a long, lazy Sunday. Three outdoor spaces, including one terrace that feels like a private yard, honestly extending the home beyond its walls. You don't have to be a genius to do the math here: upgrades, location, and value all align. The GO and TTC are steps away, along with great restaurants, coffee shops, and groceries just a short walk from your door. Need schools, parks, and community centres? Check. Want Toronto's best waterfront trail just around the corner? Done. Its all here... an upgraded lifestyle in an upgraded home, with room to breathe, relax, and belong. All it's missing is you.

Listed by RE/MAX REALTY SPECIALISTS 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


     
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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