12 Cherrywood Avenue

Cedarvale, Toronto

12 Cherrywood Avenue, Cedarvale, Toronto

$1,200,000


Bedrooms: 3

Bathrooms: 1

Living Area: 1,100 sqft

Price Per Sqft: $1,090.91


About this Detached

in Cedarvale, Toronto

When the bones are good, the rest doesn't matter. Welcome to 12 Cherrywood, a generous, light-filled 3 bedroom detached home in the heart of the St. Clair West neighbourhood you'll never want to leave. Inside, you'll find oversized open-plan living and dining rooms perfect for gathering, a modern kitchen with ample storage, and a walkout to a sunny west-facing yard and deck. Upstairs, three spacious bedrooms provide plenty of room and a modern family bathroom. The finished basement offers incredible flexibility - whether you need a fourth bedroom, rec room, home office, or all of the above. A separate laundry, furnace, and storage area keeps everything organized. Option to create a walkout from basement which would open the door to creating a self-contained in-law or nanny suite, or even an income helper. At the rear, there's potential for two parking spots. The location is a true highlight: steps to Cedarvale Park with its trails, playgrounds, and off-leash dog area, and just around the corner from local favourites like Hunter Coffee, Pukka, Krave, Baker and Scone, and the beloved Wychwood Barns Farmers Market. Add in great schools, TTC at your doorstep and the vibrant energy of St. Clair West - where cafés, restaurants, shops, and everyday conveniences are just a short stroll away. I'm loving this one, and so will you. Be right where you belong in a home and community that truly have it all. Don't let this one slip away!

Listed by ROYAL LEPAGE SIGNATURE 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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