220 Homewood Avenue
Newtonbrook West, Toronto
$1,489,900
Bedrooms: 3
Bathrooms: 2
Living Area: 1,100 sqft
Price Per Sqft: $1,354.45
About this Detached
in Newtonbrook West, Toronto
Welcome to 220 Homewood Avenue, a rare gem on a premium 50 x 132 ft lot in the heart of North York's vibrant Newtonbrook West. This charming, move-in-ready 3+2 bed, 2 bath brick bungalow offers unmatched versatility for families, investors, or builders looking to live in, rent out, or redevelop in a thriving neighbourhood that is close to everything (TTC, GO Transit, Yonge Street, Centrepoint Mall and much more). Enjoy a bright, lovingly cared-for home, by long-term owners that features an open layout with hardwood floors, a large eat-in kitchen, and a fully finished basement with a separate entrance perfect for rental income ($5,000+/month for the home) or multigenerational living. Step outside to a new cedar deck and private, fully fenced backyard, ideal for entertaining or relaxing. Huge yard that could easily accommodate a swimming pool, auxiliary unit for rental or family, or both. Recent upgrades, including a new roof (2023), furnace and A/C (2021), owned tankless water heater (2022), basement waterproofing, and new fencing, ensure peace of mind. Nestled on a quiet, tree-lined street, this home is just a 15-minute walk or 3-minute drive to Finch Station and the Finch GO Bus Terminal, offering seamless subway and bus access to downtown Toronto in 25-30 minutes, plus proximity to top schools, parks, community centres, and shopping. Don't miss this perfect blend of suburban tranquillity and urban connectivity!
Listed by RIGHT AT HOME 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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