2808 - 1 Palace Pier Court

Mimico, Toronto

2808 - 1 Palace Pier Court, Mimico, Toronto

$899,000


Bedrooms: 2

Bathrooms: 2

Living Area: 1,200 sqft

Price Per Sqft: $749.17


About this Condo

in Mimico, Toronto

Perched above the Humber River, One Palace Pier Court is one of Toronto's most storied luxury residences. This full-service condominium offers direct access to the natural trails and green space below while remaining well-connected to downtown Toronto. Building services include concierge, valet parking, and a regular shuttle to Union Station. The suite retains its original floor plan and offers an opportunity for a buyer to update and personalize the space. The two-bedroom (primary has a fitted walk in closet) plus solarium layout features floor-to-ceiling views north west to the water and the city beyond. Building amenities include an indoor saltwater pool, fully equipped fitness centre, library, small grocery and 47th-floor sky lounge with lake views. Maintenance fees include heat, hydro, water, cable TV, all amenities, and valet parking. One owned parking spot and storage locker. Quick close available.

Listed by Sotheby's International Realty Canada, Brokerage/SOTHEBY'S INTERNATIONAL REALTY CANADA.


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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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