42 Millgate Crescent

Bayview Village, Toronto

42 Millgate Crescent, Bayview Village, Toronto

$2,650,000


Bedrooms: 2

Bathrooms: 4

Living Area: 1,500 sqft

Price Per Sqft: $1,766.67


About this Detached

in Bayview Village, Toronto

An exceptional offering in the heart of prestigious Bayview Village. Situated on a premium 47.42 x 150 ft lot and surrounded by distinguished multi-million-dollar residences, this rarely available bungalow presents an extraordinary lifestyle and investment opportunity in one of North York's most coveted enclaves. Thoughtfully reconfigured from three bedrooms to an expansive two-bedroom layout, the main level showcases refined proportions, seamless flow, and hardwood flooring throughout. The fully finished walk-out lower level offers two additional bedrooms and a second kitchen, creating elegant multi-generational living potential or a discreet income opportunity. Set within the highly ranked Elkhorn PS, Bayview MS, and Earl Haig SS district, and moments to Highway 401, DVP, TTC, upscale shopping, and lush parks, this property delivers both prestige and convenience. Whether enjoyed as a refined residence, held as a strategic investment, or reimagined into a custom architectural masterpiece, this is a rare chance to secure a substantial lot in one of Toronto's most established luxury communities.

Listed by RE/MAX HALLMARK REALTY LTD..


Photo 0 at 42 Millgate Crescent, Bayview Village, Toronto

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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:
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First Mortgage:
CMHC Prem.:
Total Financing:
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* This material is for informational purposes only.

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