390 Glencairn Avenue

Lawrence Park South, Toronto

390 Glencairn Avenue, Lawrence Park South, Toronto

$3,600,000

Bedrooms: 0

Bathrooms: 0

Living Area: 2,500 sqft

Price Per Sqft: $1,440.00

About this Land

in Lawrence Park South, Toronto

390 Glencairn Avenue is a rare 50 x 174 ft premium building lot in one of Toronto's most prestigious midtown neighborhoods. With the previous home fully demolished, the site is vacant, cleaned & graded. This extra-deep lot offers exceptional frontage and depth. Buyers can design and build a custom home from the ground up, or take advantage of the existing approvals and permits already issued for a three-story luxury residence of approximately 9,000 total sq ft, Living space. The generous lot size also supports a spacious rear yard with outdoor living and pool potential. Located in the coveted Lawrence Park South / Lytton Park pocket, the property is surrounded by established multi-million-dollar homes and ongoing luxury redevelopment, reinforcing long-term value and prestige. The street is quiet and tree-lined, with a mature community feel that strongly appeals to end-users .Enjoy easy access to top-rated public and private schools, Avenue Road and Yonge Street shopping and dining, TTC transit, and major routes for convenient access to downtown and key midtown business districts. An exceptional land-only opportunity, ideal for custom builders, end-users working with an architect, or investors seeking a blue-chip infill lot in a premier Neighbourhood."

Listed by REMAX YOUR COMMUNITY 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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