6 Manorcrest Drive

Newtonbrook East, Toronto

6 Manorcrest Drive, Newtonbrook East, Toronto

$1,625,000

Bedrooms: 0

Bathrooms: 0

About this Land

in Newtonbrook East, Toronto

Premium custom-build opportunity at Bayview & Finch: 6 Manorcrest Drive offers a rare deep lot on a quiet, upscale North York street lined with multi-million-dollar homes, ideal for both builders and custom home buyers looking to create a standout luxury residence in a high-demand pocket. Generous proportions allow for an impressive modern home with great curb appeal, functional family layouts, and ample parking, giving builders a strong resale story and end-users the chance to design exactly what they want instead of compromising on an older resale. Families will appreciate access to highly regarded schools including Earl Haig Secondary, nearby parks and trails, community centres, Bayview Village Shopping Centre, restaurants, medical services, and a wide range of places of worship, while commuters benefit from close proximity to Finch subway station and quick access to Highways 401 and 404. Currently improved with an older home being sold in as-is, where-is condition, this property is perfectly positioned for full redevelopment - secure a blue-chip address and unlock the full value of 6 Manorcrest Drive with a brand new custom luxury home on a deep lot with dimensions of 47.03 ft.frontage and 155.14 ft. depth.

Listed by RIGHT AT HOME REALTY.

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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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