1607 - 3 Marine Parade Drive

Mimico, Toronto

1607 - 3 Marine Parade Drive, Mimico, Toronto

$280,000

Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $466.67

About this Condo

in Mimico, Toronto

A truly unique offering at Hearthstone by the Bay RETIREMENT condo! This beautifully finished suite showcases hardwood floors and a thoughtfully designed layout for comfort and privacy. Featuring a spacious one-bedroom with lounge/den, full bath, and in-suite laundry, this suite offers exceptional flexibility-customize by adding your own kitchen, or embrace a simplified, maintenance-free lifestyle with dining just steps away within the building.Hearthstone by the Bay is a vibrant waterfront retirement community offering a full-service lifestyle while allowing you to maintain ownership of your suite. The mandatory monthly service package includes: 4 hours of housekeeping, meal credit ($298.40), 24-hour nurse access, fitness classes, daily activities, shuttle service, and more (see Schedule C for full details). Personal care services are also available, up to 24/7 as needed.Extras:Mandatory Club Fee: $1,990.85 + HST/month (1 occupant)Additional Occupant: $274.34 + HST/monthAmenities: Movie Theatre, Hair Salon, Pub, Billiards Area, Outdoor Terrace & More!

Listed by Royal Lepage Real Estate Associates, Larose Team.

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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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