21 Norcross Road

Clanton Park, Toronto

21 Norcross Road, Clanton Park, Toronto

$1,249,000

Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $1,784.29

About this Detached

in Clanton Park, Toronto

Prime Clanton Park Opportunity! Don't miss this rare chance to own an oversized 50 x 159 ft premium lot in one of Toronto's most sought-after neighborhoods. This well-maintained detached bungalow offers 2+1 bedrooms, 2 full bathrooms, and a finished basement apartment, perfect for rental income or multi-generational living. Features include hardwood floors, a sunroom with walk-out to yard, detached garage, and private drive with parking for 5 vehicles. Bonus Value for Investors: This property comes with approved rebuild permit (fourplex and garden suite permit) and full architectural design package, saving you $100,000+ in costs and months of planning time. Outstanding investment opportunity with projected rental income of up to $200,000 per year. Build your dream home immediately or hold as a high-potential investment. Location Highlights: Steps to Sheppard Ave W & Wilson Heights, close to subway, TTC, Yorkdale Mall, Earl Bales Park, top-rated schools, synagogues, and major highways (401 & Allen Rd). Surrounded by multi-million-dollar custom homes in a thriving community. Live, rent, or rebuild-this property offers endless possibilities in a prime location.

Listed by HC REALTY GROUP INC..

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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:
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First Mortgage:
CMHC Prem.:
Total Financing:
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* This material is for informational purposes only.

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