220 Homewood Avenue
Newtonbrook West, Toronto
$1,549,000
Bedrooms: 3
Bathrooms: 2
Living Area: 1,100 sqft
Price Per Sqft: $1,408.18
About this Detached
in Newtonbrook West, Toronto
Welcome to 220 Homewood Avenue a rare opportunity in the heart of Newtonbrook West, North York. Nestled on a premium 50 x 132 ft lot, this charming brick bungalow offers exceptional flexibility: live in, rent out, or redevelop. Boasting 3+2 bedrooms, 2 bathrooms, a fully finished basement with separate entrance, and recent updates throughout, this move-in-ready home is ideal for growing families, savvy investors, or custom builders seeking value in a rapidly evolving neighbourhood. Inside, enjoy a bright, functional layout with hardwood floors, spacious living/dining, and a renovated eat-in kitchen. Downstairs, the basement suite offers income potential or multigenerational living flexibility. Step out to a new cedar deck and a fully fenced, private backyard, perfect for entertaining or relaxing with the family. With extensive recent upgrades (Roof 2023, Furnace & A/C 2021, Tankless Water Heater 2022, Basement Waterproofing, and New Fence), you can purchase with confidence. Located on a quiet, tree-lined street, just minutes from Finch Station, TTC/GO transit, top schools, community centres, parks, shopping, and more. Whether you're looking to live in, invest, or build your dream home, this is the one. Finished basement with separate entrance: Income/rental potential ($5,000+/month).
Listed by RIGHT AT HOME REALTY.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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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