244 Grace Street

Little Italy, Toronto

244 Grace Street, Little Italy, Toronto

$1,850,000


Bedrooms: 4

Bathrooms: 2

Living Area: 2,000 sqft

Price Per Sqft: $925.00


About this Semi-Detached

in Little Italy, Toronto

Spacious 3 Storey Semi in the heart of vibrant Little Italy. Nestled on a tranquil, tree-lined street, this spacious home sits on a rare 20-foot-wide lot and offers the perfect blend of a charming retreat, and city living. With 4 generous-sized bedrooms-including the option to use the fourth as a separate family room-there's plenty of room to grow and adapt to your family's needs. The extra-large main floor eat-in kitchen is ideal for family gatherings or entertaining friends, while three kitchens (one on each level) and a wet bar on the third floor provide flexibility for multi-generational living or rental potential. Step outside and enjoy three balconies, a private backyard, and a large shaded front porch-offering multiple outdoor spaces to relax and take in the neighbourhood's peaceful atmosphere. The third-floor balcony showcases beautiful city views, making it the perfect spot to unwind at the end of the day. Additional highlights include a separate laundry room, ample storage in the basement, and a2-car garage with laneway access. As a designated duplex with separate backyard entry, this property offers incredible versatility-whether you're looking to live in, rent out, or create your dream home in one of Toronto's most sought-after communities. Steps to College Street shops, restaurants, public transit and great schools, you won't want to miss this exceptional opportunity to own a piece of Little Italy charm with endless potential.

Listed by ROYAL LEPAGE SIGNATURE 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


     
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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