1607 - 3 Marine Parade Drive

Mimico, Toronto

1607 - 3 Marine Parade Drive, Mimico, Toronto

$309,000


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $515.00


About this Condo

in Mimico, Toronto

Retirement Living at Hearthstone by the Bay! This bright and inviting one-bedroom retirement condo has just been renovated with a beautiful, fresh and updated kitchen, adding a modern touch to this comfortable and thoughtfully designed suite.The suite features beautiful hardwood floors, a spacious bedroom, full bathroom with walk in shower, convenient in-suite laundry, and a bright, airy layout designed for both comfort and privacy. Hearthstone by the Bay is a vibrant retirement community offering the best of both worlds - the independence and security of owning your own condo, combined with the services, amenities and social lifestyle of a premier retirement community. The mandatory monthly service package includes 4 hours of housekeeping, a $298.40 monthly meal credit, 24-hour nurse access, fitness classes, daily activities, shuttle service and more. Personal care services are also available, including care up to 24/7 as needed. Enjoy an exceptional selection of amenities including a dining room with fabulous meals, a pub, billiards area, library, movie theatre, fitness centre with therapeutic pool, outdoor terrace and more! Mandatory Club Fee: $1,990.85 + HST/month for one occupant. Additional occupant: $274.34 + HST/month. See Schedule C for a full list of what is included!

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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