28 Glen Echo Road

Lawrence Park North, Toronto

28 Glen Echo Road, Lawrence Park North, Toronto

$1,629,000


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $2,327.14


About this Detached

in Lawrence Park North, Toronto

Amazing location! Bright sunny corner lot on Glen Echo, steps to Yonge and all amenities. Surrounded by luxury homes in a can't be beat area. Owner had plans approved for a two story house to be built (then covid), plans included. Great opportunity for builders or renovators. Same owner since 1992, it is a bright and warm home but outdated and in need of modernization, could be a great family starter home with some upgrades in a great neighborhood. Downstairs basement apartment with separate entrance for extra income, to rent until ready to do renovations, a family to co-live or to convert to family space.

Listed by REAL ESTATE HOMEWARD.


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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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