43 Mount Royal Avenue

Wychwood, Toronto

43 Mount Royal Avenue, Wychwood, Toronto

$899,000


Bedrooms: 3

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $817.27


About this Semi-Detached

in Wychwood, Toronto

Discover the potential in this charming 2-storey residence, situated mid-block on an elevated and quiet 26' x 96' irregular lot. Offering over 2,200 sq.ft. of total living space, this classic home presents an exceptional opportunity for renovation and transformation, ideal for investors, renovators, or buyers eager to create their dream home. A welcoming front porch opens to a spacious main floor with a warm and inviting first impression. The living and dining rooms feature wood trim details and original large-scale windows, preserving the homes timeless character. A standout design feature is the decorative fireplace, which adds character to the living room. Currently non-operational, it can be restored or styled creatively to suit your taste. The kitchen, located at the rear, offers direct access to a walk-out deck and garden, perfect for creating your ideal outdoor oasis. Upstairs, you'll find three generously sized bedrooms and a family bathroom that await your personal touch. The second kitchen is located in the primary bedroom, offering flexible options to convert it into a luxurious ensuite or a large walk-in closet. The lower level, built on a brick foundation, features a separate walkout to street level and provides excellent potential for additional living space or storage. Equipped with forced-air gas heating and central air conditioning. Located in coveted Wychwood neighbourhood, this property is steps to transit, excellent schools, Mount Royal Parkette, and countless amenities. Whether you choose to preserve and enhance the existing architectural residence or create a custom masterpiece from the ground up, this property provides the perfect canvas. Don't miss this rare chance to reimagine a classic home in one of Toronto's most sought-after neighbourhoods.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES 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


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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