107 Otter Crescent

Nortown, Toronto

107 Otter Crescent, Nortown, Toronto

$2,775,000


Bedrooms: 4

Bathrooms: 4

Living Area: 2,500 sqft

Price Per Sqft: $1,110.00


About this Detached

in Nortown, Toronto

One-of-a-kind, thoughtfully crafted home in the prestigious Bathurst/Avenue Rd area. This unique property features 4+1 bedrooms, an oversized loft, and 4 bathrooms. The updated kitchen comes with two fridges and a heated granite countertop. The modern basement apartment with a separate entrance, finished in 2022, offers flexibility as an in-law suite, Airbnb rental, or guest unit. Approximately 50% of the home is a brand-new build, showcasing high-end finishes and upgrades, including water radiant heated flooring and high-performance insulating materials. The ground-level great room, currently used as an art studio, can be converted back into a two-car garage. Enjoy beautifully landscaped grounds with mature trees, a gazebo, and even a charming treehouse. The property has potential for office use (previously 361 Lawrence Ave W, Toronto). The lot size is effectively larger due to the inclusion of adjacent municipal land. Too many features to list, please refer to the detailed floor plans attached. Survey and building permits are available upon request. The property is in the district of the city's top-ranked schools: John Ross Robertson Junior Public School, Glenview Senior Public School, Lawrence Park Collegiate Institute, and the prestigious private girls' school, Havergal College. Situated in a family-friendly neighborhood just a short distance from Avenue Road, with easy access to parks, shopping, restaurants, three subway stations, main transportation hubs, and public transit. This is a must-see masterpiece with unmatched character and artistic flair!

Listed by RIGHT AT 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


     
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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