484 Drewry Avenue

Newtonbrook West, Toronto

484 Drewry Avenue, Newtonbrook West, Toronto

$1,325,000


Bedrooms: 3

Bathrooms: 3

Living Area: 700 sqft

Price Per Sqft: $1,892.86


About this Detached

in Newtonbrook West, Toronto

Endless potential in a prime North York location! Welcome to 484 Drewry Avenue, an oversized raised bungalow on a generous 6,030 sq. ft. lot in one of Toronto's most desirable neighbourhoods. Ideally located just steps to Bathurst Street, G. Ross Lord Park, and Promenade Mall. This solid, well-built home offers great curb appeal, a large mature lot, and a built-in garage. Perfect for investors, builders, or families seeking income or multigenerational living potential, the property provides exceptional versatility. Optional architectural drawings are already completed for a 5,200 sq. ft. custom home. The spacious basement layout is ideal for a potential income suite. Key updates include a newer roof, furnace, and electrical upgrades, offering strong bones and peace of mind. Enjoy the deep, private backyard-perfect for entertaining or creating your own urban oasis. A rare opportunity to unlock full potential in North York.

Listed by RE/MAX MILLENNIUM REAL ESTATE.


Photo 0 at 484 Drewry Avenue, Newtonbrook West, Toronto

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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:
Monthly P&I:
* This material is for informational purposes only.

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