116 Maplewood Avenue

Cedarvale, Toronto

Open House Mar 7th, 2-4PM
116 Maplewood Avenue, Cedarvale, Toronto

$1,779,000


Bedrooms: 4

Bathrooms: 2

Living Area: 1,500 sqft

Price Per Sqft: $1,186.00


About this Detached

in Cedarvale, Toronto

An opportunity to make the impossible possible in prime Humewood. This special home, set on a coveted corner lot with double car parking and a timeless brick exterior, offers presence, and remarkable versatility for 1st-time buyers planning long term, move-up families, or downsizers unwilling to compromise on space. Perched on a bright, fully fenced corner lot - with additional side city space to enjoy- abundant windows stream light from every angle. Soaring ceilings and an effortless open layout flows from the living and dining area, into an updated kitchen where a large centre island anchors the home. A rare family room and mudroom addition enhance daily convenience and connect seamlessly to the private, treed backyard. Upstairs, a generous landing provides welcome elbow room and leads to a primary bedroom spacious enough for a king-sized bed, along with three other bedrooms. Convert one into an ensuite adding long-term value. A beautifully renovated, oversized bath completes the level. The lower level is truly magnificent with seven-foot ceilings, above-grade windows, and pot lights that keep the space bright and functional. Enjoy a media room or gym, a private office or bedroom, convenient laundry and storage, and a luxurious bathroom featuring a heated towel rack. Come live in Humewood and immerse yourself in one of the city's most engaged communities- Saturday at the Farmers' Market, cultural events at Wychwood Barns, children walking to Humewood School, and the convenience of an ideal urban lifestyle rooted in community.

Listed by SUTTON GROUP-ASSOCIATES 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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