49 Timberlane Drive

Westgate, Toronto

49 Timberlane Drive, Westgate, Toronto

$2,950,000


Bedrooms: 5

Bathrooms: 4

Living Area: 3,500 sqft

Price Per Sqft: $842.86


About this Detached

in Westgate, Toronto

A Rare Opportunity on Timberlane Drive - Premium Ravine Lot in an Exclusive Enclave. Seize the opportunity to build your dream home on one of the most sought-after streets in Toronto. Nestled at the end of a quiet cul-de-sac, this exceptional 80 ft x 295 ft lot offers breathtaking ravine views and an abundance of privacy. A rare combination of expansive table land and serene natural surroundings makes this the perfect setting for a custom-built masterpiece. Located in an exclusive pocket of luxury homes, this property provides the ideal foundation for those looking to create a one-of-a-kind estate. Enjoy the tranquility of ravine living while being just moments away from top-rated public and private schools, parks, and the upscale amenities of Avenue Road. With convenient access to major highways, dining, shopping, and recreation, this location balances seclusion with connectivity. Whether you envision a modern architectural statement or a timeless classic, 49 Timberlane Drive presents an unparalleled canvas for your vision. Don't miss this rare chance to secure a prime lot in a prestigious neighborhood. Opportunities like this are few and far between.

Listed by NORMAN HILL REALTY INC..


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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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