413 - 8 Drummond Street

Mimico, Toronto

413 - 8 Drummond Street, Mimico, Toronto

$469,000


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $938.00


About this Townhouse

in Mimico, Toronto

Enjoy the convenience of Mimico living in this one-bedroom, one-bathroom stacked townhome at 8 Drummond St. With approximately 540 sq. ft., two private entrances and a practical open-concept layout, this home makes use of every inch of square footage. The kitchen features white cabinetry, S/S appliances, a subway tile backsplash and a breakfast bar overlooking the living area. Crown moulding, pot lights and window shutters add character, while in-suite laundry, one parking space and a locker cover the everyday essentials. Mimico GO Station is just a short walk away, making the downtown commute easy. Nearby grocery shopping (No Frills), local bakeries (SanRemo), cafés and restaurants along Royal York Road put daily errands close to home, with neighbourhood parks and waterfront trails within easy reach. A great option for first-time buyers or anyone looking to simplify.

Listed by HOMELIFE SUPERSTARS REAL ESTATE LIMITED.


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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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