PH9 - 5 Marine Parade Drive

Mimico, Toronto

PH9 - 5 Marine Parade Drive, Mimico, Toronto

$629,000


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $1,048.33


About this Condo

in Mimico, Toronto

Perched high atop the beautiful Humber Bay shores sits PH9, an exceptionally rare opportunity to own at the penthouse level with southern views across Lake Ontario. Measuring almost 700 square feet, PH9 is a bright, spacious 1 bedroom/1 bathroom suite in Grenadier Landing - a renowned 12-storey mid-rise condo overlooking Humber Bay and the Humber Bay Shores Park. PH9 offers sweeping south, west and northern exposures through its panoramic window design, affording the space a full range of natural light throughout the day. For the cold winter days the living room is centred by a gas fireplace and stone mantel, warming up the living spaces while setting the scene for the sensational views. For the warm summer days, a private walk-out balcony sits just off the living room to take in the breeze, and a gas line for BBQ and lake views complete the scene. The updated kitchen with stone counters, full sized appliances and eat-in bar is perfectly positioned to entertain, and the large bedroom with hardwood floors, lake views and oversized closet is a welcomed retreat. 4-piece bath with washer/dryer. One car parking with bike rack and adjacent locker. Remote operated sun shade blinds in the living/dining room and sun shade/blackout blinds in bedroom. All utilities are included in maintenance fees. With its biking trails, shoreline, parks and wildlife habitat, 5 Marine Parade Drive is ideally situated in the outstanding Humber Shores area of Toronto. Offering 24-hour concierge, visitor parking, fitness centre and landscaped courtyard, a fantastic lifestyle opportunity awaits.

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


     
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* This material is for informational purposes only.

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