25 Flanders Road

Cedarvale, Toronto

25 Flanders Road, Cedarvale, Toronto

$2,199,000


Bedrooms: 3

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $1,466.00


About this Detached

in Cedarvale, Toronto

Welcome to a spectacular Cedarvale offering: 2 homes for the price of 1, on a rarely available 40 x 100 ft lot! This incredibly versatile property features a beautifully renovated 3-bedroom bungalow with a main floor addition seamlessly connected to a secondary unit, offering approximately 1,615 sq ft of above-grade living space and an incredibly finished 1325 sqft lower level. Whether you're envisioning multi-generational living, co-ownership, investment potential, or simply opening one wall to create the most jaw-dropping single-family bungalow imaginable, this home delivers endless possibilities. Step inside to a welcoming foyer with stone floors and a front hall closet, leading to an open-concept main floor. The living room is sectional-worthy and cozy, complete with a gas fireplace & custom built-ins. The dining area flows into a stunning shaker-style kitchen w/stone countertops, main floor laundry, and a spa-inspired bathroom. Three generous bedrooms feature ample closet space, while French doors open to a private composite deck w/pergola, your own outdoor oasis. The 2nd unit boasts a sun-drenched family room w/vaulted ceilings, 3 skylights, and French doors overlooking a 2nd garden retreat. Enjoy a dreamy hot tub, and a screened-in, covered She-shed perfect for outdoor movie nights or game-day gatherings. And now, the showstopper: an underpinned 8-ft basement with radiant floor heating and soundproofing between levels. The gourmet kitchen is a chefs dream, stone counters, a massive marble island, and Bosch appliances. Cozy up by the gas fireplace or work from built-in desks surrounded by custom cabinetry & bookcases. The sumptuous ensuite bath is pure luxury, with Italian porcelain walls, a stone shower bench, black soaker tub, and a built-in makeup vanity. The primary retreat includes a large walk-in closet, egress window, and a dramatic feature wall with a second gas fireplace. A 2nd bedroom doubles as a home gym with exercise flooring and a Murphy bed.

Listed by RE/MAX HALLMARK ESTATE GROUP REALTY 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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