323 - 5 Marine Parade Drive

Mimico, Toronto

323 - 5 Marine Parade Drive, Mimico, Toronto

$925,000


Bedrooms: 2

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $925.00


About this Condo

in Mimico, Toronto

Experience elevated waterfront living along prestigious Lake Shore Boulevard with this absolutely stunning corner suite offering unobstructed panoramic views of the city skyline, shimmering lake, and Toronto Islands. Bathed in natural light, the expansive living and dining area features rich hardwood flooring, floor-to-ceiling windows, and a seamless walkout to a private balcony-perfect for taking in breathtaking sunrises. The thoughtfully designed galley kitchen is equipped with built-in appliances and a charming breakfast area, ideal for enjoying your morning coffee while watching the vibrant lakeside scene unfold. Two generously sized bedrooms provide exceptional comfort, including a serene primary retreat complete with a 4-piece ensuite, built-in wardrobe, and walk-in closet. Enjoy the convenience of a premium parking space located close to the elevator PLUS two storage lockers. This exceptional residence offers the best of waterfront living, just steps to local cafés, acclaimed restaurants, public transit, and the scenic Sunnyside Boardwalk, with quick access to the Gardiner Expressway and Queen Elizabeth Way. Indulge in a full suite of building amenities, including a fully equipped fitness centre, 24/7 concierge desk, elegant party room, and a quiet library lounge-perfect for unwinding with a good book. The water views are absolutely gorgeous - watch the fireworks!

Listed by 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:
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* This material is for informational purposes only.

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