402 - 8 Drummond Street

Mimico, Toronto

402 - 8 Drummond Street, Mimico, Toronto

$829,000


Bedrooms: 2

Bathrooms: 3

Living Area: 1,200 sqft

Price Per Sqft: $690.83


About this Townhouse

in Mimico, Toronto

Bright and spacious end unit 2 bedroom, 3 bathroom home offering over 1,200 sq ft of functional living space in the heart of Mimico. With windows on both sides, the home is filled with natural light throughout the day. The open-concept main floor is designed for comfortable everyday living and easy entertaining, featuring quartz countertops, a generous peninsula, oversized kitchen cupboards, pot lights throughout, and custom California shutters. Step out to a private balcony off the living room for added outdoor space. Upstairs, the spacious primary bedroom includes its own balcony, two generous closets, and an ensuite bath. A well-sized second bedroom, additional full bathroom, and convenient second-floor laundry complete the upper level. Enjoy a large rooftop terrace, perfect for relaxing or hosting guests. Located just steps from the GO Train and TTC, this home offers exceptional convenience with easy access to shops, parks, restaurants, coffee shops, and the waterfront.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..


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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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