24 Abitibi Avenue
Newtonbrook East, Toronto
$2,448,000
Bedrooms: 4
Bathrooms: 5
Living Area: 2,500 sqft
Price Per Sqft: $979.20
About this Detached
in Newtonbrook East, Toronto
Custom-Built in 2001 | + Income-Generating Basement with Separate Entrance, This beautifully designed home offers a unique and versatile layout perfect for both families and investors. The main floor features 9-ft ceilings in the formal living and dining areas, and a stunning cathedral ceiling with skylight over the kitchen and family room creating a bright, open-concept space filled with natural light. Enjoy a spacious main-floor primary bedroom with a luxurious 5-piece Ensuite, plus a second main-floor room that can serve as a bedroom, den, or office. Upstairs offers sun-filled rooms ideal for extended family, guests, or additional workspace. The separate entrance to the basement provides an excellent opportunity for potential rental income ($$$). The basement layout and large windows make it feel anything but below ground. ----Additional Highlights: Easy walkout to a delightful, landscaped backyard Tesla charger installed on the driveway Situated in a prime location just minutes to Yonge Street, transit, shops, and all amenities This home is ideal for: End-users looking for flexible space Multi-generational living Savvy investors seeking solid rental potential Bright. Spacious. Income-Ready. Welcome Home. Bright & Unique Layout | Income Potential! Approx. 2,600 SqFt + Separate Entrance to Basement Apartment ($$$)!Main Floor: 9ft Ceilings, Skylight Cathedral Kitchen/Family Room, Main-Floor Primary w/ Ensuite, Optional 2nd Bedroom/Den. Tesla Charger | Landscaped Backyard Steps to Yonge | Live In or Rent Out!
Listed by RE/MAX ATRIUM HOME REALTY.
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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
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| * This material is for informational purposes only. | |||
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