555 Markham Street
Little Italy, Toronto
$2,488,000
Bedrooms: 5
Bathrooms: 3
Living Area: 2,500 sqft
Price Per Sqft: $995.20
About this Semi-Detached
in Little Italy, Toronto
This magnificent home is waiting for you. Set on one of Palmerston-Little Italy's most peaceful, tree lined streets, find a home that combines bespoke vintage appeal with nearly 3,900 square feet (on the 4-levels) of thoughtfully renovated space, & ready for your family's immediate enjoyment. Inside, wide plank engineered hardwood, updated windows, & expansive well proportioned rooms, fill the home with natural light & create a sense of both scale & comfort. The massive kitchen, complete with a striking island & hidden walk-in pantry, anchors the main floor alongside a front hall closet & a sunken family room overlooking the private fenced garden. Upstairs, five bedrooms span two levels, including two massive bedrooms on the third floor with access to a rooftop deck & skyline views. The finished lower level with excellent ceiling height adds valuable flexibility for recreation, fitness, guest accommodation, or an enviable kid zone. Behind the scenes, the home has been carefully updated with modern upgrades & conveniences, including ductless AC on each floor & a Viessmann boiler/hot water tank (owned) for year round comfort. At the rear, a spacious two car garage anchors the property, with a completed laneway suite feasibility study for those considering future expansion. Now offered at an improved price, this home is ready for its next family to enjoy: the history, the space, the convenience of the subway just two blocks away, highly regarded schools and universities, & the everyday pleasures of neighbourhood bistros and cafes. Just moments from the soon to open Mirvish Village, a revitalized hub of dining, retail, & cultural vibrancy, the location is a true gateway to both downtown & uptown living. Presented as a rare and special opportunity, 555 Markham St is move-in ready, deeply connected to Toronto's most soulful communities, & waiting to become your forever home in the heart of the city.
Listed by FREEMAN REAL ESTATE LTD..
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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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