39 Bowerbank Drive

Newtonbrook East, Toronto

39 Bowerbank Drive, Newtonbrook East, Toronto

$999,888


Bedrooms: 3

Bathrooms: 4

Living Area: 1,100 sqft

Price Per Sqft: $908.99


About this Detached

in Newtonbrook East, Toronto

Attention investors and builders. Rare opportunity located at Yonge & Finch. 51X120Ft Lot! Modern Design Eat-In Kitchen W/ Ss Appliances, Quartz Counter Top & Large Central Island. Hardwood Flrs, Potlights & Smooth Ceilings. Professional Finished Basement W/Separate Entrance. ( 2 Apt W/2 Kitchens, 3 Bedrooms, 2 Bathrooms & Laundry Room) Great Investment Opportunity/Income Property!! Top-Ranked Schools! Excellent income-producing property generating over $7,000 in monthly rental income with three self-contained units. Prime location within walking distance to the subway station, Yonge Street, supermarkets, parks, and schools. Close to all major amenities and transit. Ideal for investors, end-users, or redevelopment potential. A must-see property in a highly desirable neighbourhood.

Listed by RE/MAX REALTRON 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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