511 Merton Street

Mount Pleasant East, Toronto

511 Merton Street, Mount Pleasant East, Toronto

$1,699,000


Bedrooms: 3

Bathrooms: 4

Living Area: 1,500 sqft

Price Per Sqft: $1,132.67


About this Detached

in Mount Pleasant East, Toronto

Renovated 3 bedroom, 4 bath detached in prime Maurice Cody. Inviting front porch opens into bright and airy sun filled home perfect for young family. Great open concept main floor family room with built in bookcase walks out to 166 ft deep south facing lot backing onto greenspace. Renovated kitchen with large centre island, stone counters & backsplash, butcherblock & ample storage. Open concept living & dining area w/hardwood floors, pot lights, molding and anchored by a stunning new glass staircase. Primary bedroom has 5 pc ensuite combined with 2nd floor laundry. 2 large double closets and overlooks quiet backyard. Generous 2nd & 3rd bedrooms as well as an oversized linen closet. Lower level partially finished with newer broadloom & 2 pc bath as well as large unfinished storage area. Numerous upgrades by current sellers include adding a main floor powder room, new glass staircase, remodeled baths, updated backsplash & expanded driveway with LEGAL front pad parking. Double tiered deck and private fenced yard with large garden shed at rear. Quick walk to Davisville Subway and steps to walking/biking trails.

Listed by CHESTNUT PARK REAL ESTATE LIMITED.


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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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