507 - 5 Marine Parade Drive

Mimico, Toronto

507 - 5 Marine Parade Drive, Mimico, Toronto

$750,000

Bedrooms: 2

Bathrooms: 2

Living Area: 900 sqft

Price Per Sqft: $833.33

About this Condo

in Mimico, Toronto

Wonderful and Rare Downtown/Lake Ontario Lifestyle Location and Beautiful Building! 2 Bedroom 2 Bathroom Suite in Quiet Mid-Rise Building. South-West Views of the Lake From Your Huge Balcony. Steps to The Waterfront Trail. Underground Parking Exits Mere Moments from the Gardiner Expressway, Lakeshore Blvd, The Queensway, Kingsway. Minutes to High Park. Immaculate Unit! Condo Fees are All Inclusive Heating/ Cooling/ Water/ Hydro/Parking/Locker. Lots of Amenities to Enjoy Here. Exercise Room, 24 hour Concierge, Visitor Parking, Guest Suites, Party/Meeting Room, Lovely Greenspaces. Convenience Store in Building.

Listed by ROYAL LEPAGE SIGNATURE REALTY.

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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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