488 King Street E
Moss Park, Toronto
$1,599,000
Bedrooms: 3
Bathrooms: 4
Living Area: 1,500 sqft
Price Per Sqft: $1,066.00
About this Townhouse
in Moss Park, Toronto
Welcome home to your sanctuary in the heart of historic Corktown. This freehold Brownstone beauty built in 2003 offers timeless charm and contemporary luxury. With 2600+ square feet of living space across four levels and high ceilings on every floor, the home is spacious and comfortable. Sunlight spills in from the wall of windows in every room. The living/dining room provides an inviting entertaining space from which you can wander into the kitchen with its granite-topped counters, tailored cabinetry, and stainless steel appliances. Here you can enjoy your morning coffee while looking out to your perfect urban backyard. Or step out to the deck and patio, ideal for alfresco dining and barbecuing. Upstairs, spanning the entire third floor, the primary suite is pure retreat with a cozy fireplace and a walkout to a private balcony with a treed canopy view. A huge walk-in closet can handle your all-seasons wardrobe with aplomb. The 6-piece ensuite bath is pure indulgence with a soaker tub big enough for two people; a separate shower stall with a rainfall faucet; dual vanities with granite counters; toilet and bidet. The other two bedrooms on the second floor are just as spacious and sunlit and fitted with double closets. A second floor laundry provides convenience. Hardwood floors throughout with laminate in basement. The basement unit offers versatility to suit your needs. It is completely self-contained with its own entrance on King Street, and has a separate kitchen and laundry. You can use the space to generate rental income, as a nanny/in-law suite or a work-from-home office HQ. Rare for downtown Toronto, the property features a detached garage with a soaring ceiling for all your storage needs. Best of all, no condo fees or rules! Location-wise, you couldn't ask for better: a King Street address with easy access to the Distillery District, Canary District, St. Lawrence Market, Corktown Common, upcoming Ontario Line, Leslieville, the DVP & Gardiner Expressway.
Listed by RIGHT AT HOME 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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