50 Buckingham Avenue
Lawrence Park South, Toronto
$4,750,000
Bedrooms: 5
Bathrooms: 5
Living Area: 3,500 sqft
Price Per Sqft: $1,357.14
About this Detached
in Lawrence Park South, Toronto
Presenting an exceptionally rare offering at 50 Buckingham Ave, available for the first time in over 50 years. This substantial 215 x 50 foot lot presents a wealth of possibilities for its new owners. Create one magnificent, custom-built home of exceptional proportions. Build a beautiful new custom home complemented by a secondary Coach House or Garden Suite, ideal for extended family, aging parents, adult children, or long-term guests. Imagine a compound featuring a 4-5 bay car garage with a large garden suite above, all within bucolic Lawrence Park. This is a very rare opportunity for severance to create two new custom homes. Accounting for adjusted setbacks, this would result in two side-by-side 90 x 50 foot lots, offering greater efficiencies and a more saleable product than an 8-10 million dollar new build.Nestled on a quiet residential street, 50 Buckingham Ave delivers incredible convenience. The location is just 800 meters from Yonge & Lawrence subway access and the abundant shops and restaurants along Yonge Street. Elite educational institutions are also moments away, with Toronto French School just 600m away, and Crescent School, The Granite Club, and Havergal School mere minutes by car. An incredible lifestyle opportunity awaits.
Listed by HAZELTON REAL ESTATE 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
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| * This material is for informational purposes only. | |||
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