7 Killarney Road
Forest Hill South, Toronto
$5,588,000
Bedrooms: 4
Bathrooms: 4
Living Area: 3,500 sqft
Price Per Sqft: $1,596.57
About this Detached
in Forest Hill South, Toronto
Classic Lower Forest Hill family residence set on a quiet, tree-lined street. Offering over 3,500 sq.ft. of above-grade living space, this expansive home features 4+1 well-proportioned bedrooms designed for comfortable and refined family living.Step into a bright and inviting interior with soaring ceilings and three skylights that fill the home with natural light, including two skylights thoughtfully positioned in the bathrooms to enhance the airy atmosphere throughout the home.The main floor offers a private study or home office, generous ceiling heights in the principal living areas, and a south-facing family room that enjoys sunlight throughout the day. The breakfast area and formal dining room open onto a south-facing deck and landscaped backyard, creating a seamless indoor-outdoor setting ideal for relaxing or entertaining.Situated on a 46 x 150 ft. lot, the property offers excellent space and privacy. The walk-out lower level provides versatile additional living space, complete with a fireplace and sauna, perfect for recreation, a media room, or guest accommodation.Additional highlights include a roof replaced in 2021, a two-car garage, and ample driveway parking.Ideally located near Upper Canada College and Bishop Strachan School, with convenient access to the shops and restaurants of Forest Hill Village and the scenic Kay Gardner Beltline Trail. Nearby public transit provides easy connectivity throughout the city.A rare opportunity to enjoy generous space, natural light, and privacy in one of Toronto's most prestigious neighbourhoods.
Listed by HOMELIFE LANDMARK 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
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| * This material is for informational purposes only. | |||
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