Block 5C, POTL 5 Deep Roots Terrace

Lawrence, Toronto

Block 5C, POTL 5 Deep Roots Terrace, Lawrence, Toronto

$1,299,900


Bedrooms: 5

Bathrooms: 5

Living Area: 2,000 sqft

Price Per Sqft: $649.95


About this Townhouse

in Lawrence, Toronto

Assignment Opportunity: Rare-Find Brand New Legal 2 Units Townhouse In The Highly Sought-After New Lawrence Heights, An Exciting Master-Planned Community Built By Award-Winning Metropia! This Luxury Modern Townhouse Is Proud Of Its Exceptional Designer Finishes And Overlooks The Park! (Builder Charged $100K Premium For Park Location). Provides A Private Backyard And Single Car Garage In The Heart Of North Toronto. Offers 2641 Sq. Ft. Of Thoughtfully Designed Indoor Living Area, Including 636 Sq. Ft. In A Lower Level Secondary Suite Finished By The Builder. Main Unit Has 4 Spacious Bedrooms Plus A Large Den, 3.5 Baths, 2 Master Bedrooms With Own Ensuite Bath, Smooth Ceilings Throughout. The One-Bedroom Secondary Suite With Separate Entrance Is Very Bright With Big Windows, Has Its Own Kitchen And Laundry. Insulation Added Between Secondary Suite And Main Floor To Absorb Noise & Vibration.(Builder Charged $100K Premium For Building The Legal Secondary Suite). Live In One Unit And Rent Out The Other, Or Rent Out Both For Excellent Cash Flow! The Whole House Is Carpet Free, With Oak Staircase Throughout, Hardwood Floor For Main Unit and Laminate For Lower Unit, 9' Ceiling on Main Floor and 8' Ceiling For Other Floors. Both Kitchens Feature Quartz Countertops, Stainless Steel Appliances, Tile Backsplash And Other Upgrades. Walk To The World-Renowned Yorkdale Shopping Centre, Subway Station, Parks And Luxurious Amenities. Enjoy Quick Access To Go Transit, Hwy 401 & Allen Rd And The Future LRT. [Location of POTL 53 Is Near 2 Deep Roots Ter, In Block 5C. Scheduled Occupancy Date: 2/17/2026]

Listed by HOMELIFE LANDMARK REALTY INC..


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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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