2 Wingate Place
Forest Hill North, Toronto
$1,199,000
Bedrooms: 2
Bathrooms: 2
Living Area: 700 sqft
Price Per Sqft: $1,712.86
About this Detached
in Forest Hill North, Toronto
Welcome to 2 Wingate Place, a charming detached bungalow nestled on a quiet cul-de-sac in the heart of Forest Hill North. Situated on an expansive 30 x174 ft corner lot, this home offers incredible potential for builders, contractors, & end-users alike. Whether you're dreaming of designing a custom luxury residence, adding a 2nd storey to expand the existing footprint, or restoring the home to suit your style, this property won't disappoint! With its exceptional depth, the lot also presents the opportunity to explore a future garden suite at the rear of the property where a detached 1-car garage & private driveway currently sit (buyer to conduct own due diligence). Sunny south, west, & east exposures fill the property with natural light & the rare lot size provides endless design possibilities. Inside, the main floor features a spacious open concept living & dining room highlighted by original character details including a stained-glass window, a grand fireplace, bay window, crown moulding, & a graceful archway. A galley kitchen, 2 well-proportioned bedrooms, & a 4-piece bathroom complete this level. The lower level features a walk-out basement with a spacious recreation room with built-in shelving, a 4-piece bathrm, laundry, storage, & a dedicated workshop area, offering excellent flexibility for hobbies, future redesign, or conversion into a private in-law suite thanks to its separate side entrance. Recent updates include a new roof (2023), new eaves (2025), high-efficiency furnace (approx.2017) & new exterior clean-outs. Enjoy the homes coveted location with tree-lined streets, family-friendly atmosphere, proximity to top private & public schools, including Forest Hill Collegiate & Upper Canada College, as well as abundant parks, playgrounds, shops, cafés, & dining options. Convenient access to TTC, Eglinton West subway, & the Crosstown LRT ensures a quick commute downtown. This is a rare chance to secure one of the areas most desirable lots in Forest Hill North.
Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA.
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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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