2506 - 251 Manitoba Street

Mimico, Toronto

2506 - 251 Manitoba Street, Mimico, Toronto

$650,000


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $928.57


About this Condo

in Mimico, Toronto

Welcome to Unit 2506 at Empire Phoenix-a must-see gem! This luxury 2-bedroom, 2-bathroom condo sits high on the 25th floor, spanning 745 sq. ft. of beautifully designed space. It features floor-to-ceiling windows, two private balconies, and a bright southern exposure with breathtaking, unobstructed views of Lake Ontario and Grand Avenue Park. The modern kitchen shines with quartz countertops and stainless steel appliances. The unit includes one parking space and one locker. Premium building amenities feature a 24-hour concierge, an outdoor swimming pool, a BBQ area, a fully equipped gym, a sauna, and a dog wash station. This incredible location is right next to the Grand Avenue soccer field, a kids' park, a running track, and gated dog parks-perfect for young families and pet owners! Enjoy close proximity to shops, transit, Mimico GO, Lakeshore, and the QEW for a quick commute downtown. Don't miss the opportunity to own in this thriving area.

Listed by HOMELIFE NEW WORLD 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


     
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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