89 Ellsworth Avenue

Wychwood, Toronto

89 Ellsworth Avenue, Wychwood, Toronto

$2,499,000


Bedrooms: 4

Bathrooms: 4

Living Area: 2,500 sqft

Price Per Sqft: $999.60


About this Detached

in Wychwood, Toronto

Located in the coveted Wychwood neighbourhood near Hillcrest Public School, 89 Ellsworth offers a rare opportunity for families, investors, or builders. This Tudor-style home sits on a 40-foot lot and features four bedrooms, four bathrooms, four porches, and a private drive leading to a four-car garage. Currently configured as a four-unit rental generating over $100,000 in annual income, the property offers flexibility for investors or for those seeking a live-in income opportunity. It may also appeal to buyers looking to renovate, modernize, or reconfigure the existing space to suit their needs. The lot benefits from two street frontages, including Hocken Avenue, offering potential development flexibility, subject to approvals. Located steps from the shops, cafés, and restaurants of St. Clair West and close to Wychwood Barns, parks, and transit, with convenient access to the subway and downtown.

Listed by HOMELIFE/CIMERMAN REAL ESTATE LIMITED.


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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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