421 - 8 Drummond Street

Mimico, Toronto

421 - 8 Drummond Street, Mimico, Toronto

$499,000


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $998.00


About this Townhouse

in Mimico, Toronto

This Mimico townhome has been completely renovated from top to bottom with brand new flooring, kitchen cabinets and countertops, bathroom vanity, fresh paint and brand new appliances and shows like a brand-new model suite. Located just steps from Mimico GO station, this townhome offers great value for first-time homebuyers, investors or downsizers. Listed under POWER OF SALE.

Listed by GET SOLD REALTY INC..


Photo 0 at 421 - 8 Drummond Street, Mimico, Toronto

Photo 0

Photo 1 at 421 - 8 Drummond Street, Mimico, Toronto

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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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