902 - 88 Palace Pier

Mimico, Toronto

902 - 88 Palace Pier, Mimico, Toronto

$640,000


Bedrooms: 2

Bathrooms: 2

Living Area: 900 sqft

Price Per Sqft: $711.11


About this Condo

in Mimico, Toronto

Gorgeous Lake views! Fantastic two bedroom, two bathroom unit complete with two owned parking spaces and in suite laundry, this condo brings together comfort, convenience, and value for today's discerning buyer. The kitchen is generous in size, with ample cabinetry, solid counter space, and updated stainless steel appliances that make cooking and entertaining easy. The primary bedroom features a walk in closet and a large four piece ensuite with a separate tub and shower. A second bedroom sits close to the upgraded three piece bathroom, giving the layout a nice sense of balance and privacy. Residents enjoy a full suite of building amenities, including concierge service, a gym, sauna, visitor parking, a car wash bay, and direct access to the waterfront trail. Transit, shops, restaurants, and daily conveniences are all within easy reach.

Listed by RE/MAX Escarpment Realty Inc., Brokerage/RE/MAX ESCARPMENT REALTY 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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