6 Manorcrest Drive

Newtonbrook East, Toronto

6 Manorcrest Drive, Newtonbrook East, Toronto

$1,939,999

Bedrooms: 0

Bathrooms: 0

About this Land

in Newtonbrook East, Toronto

Premium custom build opportunity near Bayview and Finch: 6 Manorcrest Dr - a severed parcel with dimensions of 47.03 ft x 155.14 ft (0.1677 acres/7,297.92 sq ft) must be sold together with 8 Manorcrest Dr (sold separately at an additional cost), offering a combined total of 14,596.76 sq ft (0.3351 acres). Located in North York's prestigious enclave, these adjacent lots present rare flexibility for luxury development in an area known for multi-million-dollar homes. The neighbourhood features top-tier schooling options like Earl Haig Secondary, Finch Public School, and Avondale Public School; easy access to North York General Hospital, local clinics and pharmacies; an abundance of Places of Worship such as Bayview Glen Church and St. Agnes Tsao Catholic Church alongside synagogues and other denominations; leisure access to Edithvale Community Centre, public library, Bayview Village Shopping Centre, and numerous parks including East Don Parkland and Newtonbrook Park. Transit access is excellent with a bus stop 1 minute walk away, Finch subway Station nearby and quick drives to Hwy 401/404, making this offering ideal for builders and custom build buyers seeking high-potential lots in an upscale, amenity-rich Toronto location. Currently an old home spanning 6 & 8 Manorcrest On Site. Sold as is, where is with no representations or warranties whatsoever.

Listed by RIGHT AT HOME 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

     
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* This material is for informational purposes only.

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