329 Lippincott Street

University, Toronto

329 Lippincott Street, University, Toronto

$2,250,000

Bedrooms: 4

Bathrooms: 4

Living Area: 2,000 sqft

Price Per Sqft: $1,125.00

About this Detached

in University, Toronto

Exceptional custom-built 3-storey detached executive residence in the heart of the Annex. Architecturally designed for maximum natural light, featuring 4+1 bedrooms, rich cherry hardwoods, and soaring smooth ceilings. Gourmet kitchen with stone flooring walks out to a professionally landscaped urban garden. Primary retreat includes a 5-piece spa ensuite with heated floors and custom etched glass feature wall. 3rd floor boasts 4 skylights and open-to-below architectural volume. Income Potential: Self-contained 1-bedroom lower-level suite with separate entrance. Development Upside: Detached double garage presents a prime opportunity for Laneway Housing conversion per City of Toronto guidelines. Steps to Bathurst/Bloor subway, U of T, and Yorkville. Impeccably maintained. A+ status.

Listed by ROYAL LEPAGE TERREQUITY SW 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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