50 Bruce Farm Drive

Steeles, Toronto

50 Bruce Farm Drive, Steeles, Toronto

$1,950,000


Bedrooms: 3

Bathrooms: 4

Living Area: 1,500 sqft

Price Per Sqft: $1,300.00


About this Detached

in Steeles, Toronto

A bright, modern bungalow with WALK-OUT basement and separate entrance, located in a quiet, green, and well-established Bayview-Woods community, directly overlooking a beautiful ravine. Designed for open, contemporary living, the home offers a south-facing living room, dining area with large windows, and a fully open layout. In 2022, over $200,000 was invested in a full structural renovation in main level: new kitchen, bathrooms, floors, ceilings, electrical wiring, plumbing, framing, and drywall. Everything was rebuilt to modern standards. Renovation contracts and photos available. Two bedrooms face the ravine, providing silence, privacy, and natural views. Direct interior access to the double garage adds comfort and practicality. The modern luxury kitchen features artificial stone countertops, breakfast area, and natural gas rough-in. The walk-out lower level is bright and functional, with large windows, sliding doors, three bedrooms, a spacious family room with fireplace rough-in, combined kitchen/dining space, and a large cold room, perfect for extended family or rental potential. More than 3,300 sq. ft. of finished space, close to parks, trails, top schools (Zion Heights, A.Y. Jackson), highways, and all amenities. A rare combination of location, space, privacy, and quality construction.

Listed by HOMELIFE LANDMARK REALTY INC./HOMELIFE NEW WORLD 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:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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