31 Albert Ave

Mimico, Toronto

31 Albert Ave, Mimico, Toronto

$989,000


Bedrooms: 3

Bathrooms: 1


About this Detached

in Mimico, Toronto

Attention first-time home buyers, do-it-yourselves, handypersons & renovatorsthis unspoiled beauty offers loads of potentialoozing charm & character throughout! This spacious, 3-bedroom home has been in the same family for the past 53 years & is located in in the heart of the highly-sought-after, well-established lakeside community of Olde Mimico! This delightful detached is unspoiled & untouched, waiting for your personal touch! This perfectly-charming home radiates nostalgic charm with a muted yellow-brick exterior, reminiscent of vintage homes and buildings of days gone by. Featuring a welcoming foyer and generous living room with retro wood trim, vintage hardwood, brick fireplace and light-catching bay window! Good-sized dining room with vintage ambience and perfect for entertaining family and friends! Kitchen enjoys a lovely view of the back gardenit may need a little TLC but it offers loads of possibilities for future renovations! Upstairs are 3 roomy bedrooms with wood trim and hardwood flooring. The 4-piece bathroom is original to the house and enjoys a cast iron tub and retro tilesjust like Grandmas! The unspoiled/unfinished basement offers laundry, a small workshop and a separate side entrance. Out back is a sprawling, tree-shaded garden with early-morning sunrise exposure. The property enjoys 2 mutual driveways, offering 2 times the possibility of adding additional parking (yesTWO mutual drives!)and a single garage!
Walk to Lake, Waterfront Trail, parks, schools, shops & restaurants. Quick drive to Metro, Sobeys, LCBO, IKEA, Costco & Home Depot. Bike to Sunnyside & High Park! Steps to TTC & short stroll to Mimico GO. Quick commute dwntwn! See 3D Tour!

Listed by ROYAL LEPAGE REAL ESTATE.


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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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