42 Carr Street

Chinatown, Toronto

42 Carr Street, Chinatown, Toronto

$1,499,000

Bedrooms: 3

Bathrooms: 3

Living Area: 700 sqft

Price Per Sqft: $2,141.43

About this Detached

in Chinatown, Toronto

Detached Corner Lot in Downtown Toronto - Rare Opportunity! When does this ever come up? This is your chance! Welcome to 42 Carr Street, a detached bungalow on a 35 ft. corner lot in the heart of downtown Toronto. Owned and lovingly maintained by the same owner for 24 years, this home is filled with potential and character. Step inside to find a bright, functional layout featuring 3 bedrooms all on one level. The dining area can easily double as a recreation room or guest suite. Enjoy hardwood and tile flooring throughout, windows in every room, and plenty of natural light - even in the basement! The open-concept kitchen and living area is ideal for entertaining, complemented by two 3-piece bathrooms on the main floor - no more waiting for your turn! A separate basement entrance adds flexibility for an income suite, nanny quarters, or in-law space with its own 4-piece bathroom. Outside, you'll find 2 front yard parking spaces (no more circling the block), a side storage shed for bikes and gardening tools and 1 garage parking (with laneway suite potential) at the back along with a fully fenced in front and backyards offering privacy and peace of mind. The interlocked backyard completes this downtown haven. All of this, just minutes from Queen Street, Dundas West streetcar, shops, restaurants, and Ryerson Public School - urban living at its most convenient. Make this your family's home for the next 24 years - a true downtown gem with endless possibilities.

Listed by RE/MAX ULTIMATE REALTY INC..

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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.:
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* This material is for informational purposes only.

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