59 Festival Drive
Branson, Toronto
$1,249,000
Bedrooms: 3
Bathrooms: 5
Living Area: 2,000 sqft
Price Per Sqft: $624.50
About this Link
in Branson, Toronto
This sun-filled, beautifully maintained home is nestled in one of North Yorks most sought-after family-friendly neighbourhoods, offering modern upgrades, timeless charm, and exceptional income potential. Featuring 3+2 spacious bedrooms and 3 updated bathrooms, the property includes two fully self-contained rental unitsa bright main-floor bachelor unit with a private entrance from the backyard, and a separate one-bedroom basement apartment with its own entrancetogether generating approximately $3,500 per month in rental income. The newly renovated kitchen boasts quartz countertops and stainless steel appliances, complemented by new hardwood flooring, a cozy family room, and a south-facing sunroom that welcomes natural light year-round. The backyard is perfect for entertaining with a brand-new deck and low-maintenance landscaping. Recent updates include a new roof (2023) and new AC & furnace (2023). Located steps from top-rated schools, parks, and trails, with direct transit access to Finch Station and close proximity to York University and major highways, this move-in-ready home is ideal for investors, multigenerational families, or buyers seeking a home with strong income potential.
Listed by EXP 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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