397 Cortleigh Boulevard

Nortown, Toronto

397 Cortleigh Boulevard, Nortown, Toronto

$2,089,000


Bedrooms: 3

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $1,392.67


About this Detached

in Nortown, Toronto

Opportunity knocks on coveted Cortleigh Blvd! This bright and spacious bungalow is situated on an expansive 46.5' x 131' foot lot irregular that widens to 54 in back at rear, and is zoned **residential multiple**, offering incredible potential for re-development. This large and impeccably maintained 3-bedroom bungalow offers a perfect blend of comfort and functionality. Upon entering, you'll be greeted by a bright and inviting living space that flows seamlessly into a formal dining room ideal for family meals and entertaining guests. The kitchen is thoughtfully designed with ceramic floors and ample storage space. Each of the three large bedrooms are enhanced by hardwood floors, with one bedroom featuring a sunroom addition that opens to a charming south-facing backyard porch. Underneath the sunroom, you'll find a separate workshop, offering plenty of space for storage or creative work. The fully finished basement, accessible through a separate side entrance, offers a special layout with two private areas each featuring its own 4-piece bathroom. One area includes a large eat-in kitchen and additional bedroom, while the other is designed with a spacious rec room, an additional office space, fridge, and bar sink. This layout provides endless possibilities. Located among several multi-million-dollar homes, this property is a fantastic opportunity to own in one of Toronto's most desirable neighborhoods. Steps to Bialik, Shaarei Shomayim, TTC, Glencairn Station.

Listed by CHESTNUT PARK REAL ESTATE LIMITED.


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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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