78 Burndale Avenue
Westgate, Toronto
$1,199,999
Bedrooms: 2
Bathrooms: 2
Living Area: 700 sqft
Price Per Sqft: $1,714.28
About this Detached
in Westgate, Toronto
Welcome to 78 Burndale Ave - the lot your future self will thank you for grabbing. A 35' x 117' lot on a quiet, tree-lined street surrounded by custom homes in one of Toronto's highest-demand pockets. Properties like this don't sit around - they get transformed. The existing home needs a full rebuild or a new addition along with a renovation. Perfect for an investor or end user looking to add some equity to a project. This location checks every possible box: Steps to transit with under 5 minute walk to Sheppard-Yonge subway, walk to Yonge Street's dining, shops, parks & entertainment, civic centres, etc. Minutes to Hwy 401. Unbeatable connectivity with a top-tier school district means consistent buyer / renter demand. Whether you're planning a luxury custom residence, a value-maximizing flip or a multi-family rental opportunity the fundamentals here are rock solid. North York continues to grow, and this area continues to prove that great investments start with the right dirt. Buy the land. Build the dream. Watch the return take care of itself.
Listed by FOREST HILL REAL ESTATE INC..
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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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