480 Ellerslie Avenue
Willowdale West, Toronto
$1,499,000
Bedrooms: 2
Bathrooms: 2
Living Area: 1,100 sqft
Price Per Sqft: $1,362.73
About this Detached
in Willowdale West, Toronto
This property could be a starter home for those who want to get into this amazing neighbourhood and are not afraid of renovation work. Sitting on a spectacular 45 ft x 300 ft lot fronting onto Ellerslie Park and surrounded by custom homes, it offers exceptional potential. The home itself is filled with natural light and features a separate entrance basement. It can be renovated to suit personal use, transformed by a renovator, or rebuilt entirely by a builder on this rare, large and private lot. Windows on the main floor were replaced in April. Permit approval is already in place for conversion to a Fourplex, creating three one-bedroom units and a studio. Ideally located close to schools, public transit, shopping, and all amenities, this property combines size, location, and endless opportunity. Property is being sold in as-is, where-is condition.
Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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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