38 Chopin Avenue
Ionview, Toronto
$898,800
Bedrooms: 3+1
Bathrooms: 2
fantastic opportunity in desirable area
First-time buyers, this is a fantastic opportunity property! The bungalow's location on Chopin Ave in Ionview is in the most desirable area, and having an in-law suite with a separate entrance is definitely a plus. The updates to the mechanicals such as the roof, furnace, and central air conditioning are significant and should provide peace of mind regarding maintenance. The interior could use some attention, which presents an opportunity for customization and adding personal touches to the space. The new homeowner has a great chance to tailor the interior to their preferences and potentially increase the property's value.
Front
Front
Front
Foyer
Living Room
Living Room
Living Room
Living Room
Dining Room
Dining Room
Dining Room
Kitchen
Kitchen
Breakfast Area
Breakfast Area & Kitchen
Breakfast Area & Kitchen
Primary Bedroom
Primary Bedroom
Primary Bedroom
Bedroom
Bedroom
Bedroom
Bedroom
4 Piece Bathroom
Side Entrance
Recreation Room
Recreation Room
Living Room Flex Space
Living Room Flex Space
Living Room Flex Space
Kitchen
Kitchen
4 Piece Bathroom
Bedroom
Bedroom
Backyard
Backyard
Backyard
Backyard
Backyard
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
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| * This material is for informational purposes only. | |||
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