1505 - 3 Marine Parade Drive
Mimico, Toronto
$360,000
Bedrooms: 1
Bathrooms: 1
Living Area: 700 sqft
Price Per Sqft: $514.29
About this Condo
in Mimico, Toronto
Life by the lake feels effortless in this bright and welcoming 1-bedroom + den + sunroom condo in Toronto's Mimico waterfront in the Hearthstone by the Bay retirement community. Designed for comfort, ease, and independent retirement living, this suite features a spacious bedroom, flexible lounge/den, full bathroom, in-suite laundry, and a sunroom ideal for relaxing, reading, or quiet mornings. The layout supports a simple, low-maintenance lifestyle. Hearthstone by the Bay is a full-service retirement residence offering peace of mind and connection. The mandatory monthly service package includes 4 hours housekeeping, meal credit ($298.40), 24-hour nurse access, fitness classes, daily activities, shuttle service, and more (see Schedule C). Personal care available up to 24/7 as needed. Mandatory Club Fee: $1,990.85 + HST/month (1 occupant); Additional Occupant: $274.34 + HST/month. Amenities include movie theatre, hair salon, pub, billiards area, outdoor terrace & more. Steps from Lake Ontario trails, parks, cafés, transit and highway access, this is a rare opportunity for supported waterfront retirement living.
Listed by ELEVATE REALTY INC..
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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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| Amortization: | |||
| Percent Down: | |||
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| First Mortgage: | |||
| CMHC Prem.: | |||
| Total Financing: | |||
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| * This material is for informational purposes only. | |||
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