27 Amherst Avenue
Oakwood Village, Toronto
$829,000
Bedrooms: 2
Bathrooms: 2
Living Area: 700 sqft
Price Per Sqft: $1,184.29
About this Detached
in Oakwood Village, Toronto
An ideal fit for first-time buyers looking to offset their mortgage, investors seeking a turnkey addition or downsizers seeking simplicity without compromise. A detached bungalow that understands how we live today - thoughtfully upgraded, income-ready and designed to evolve with you. Major improvements, including updated electrical, roof and key mechanicals, provide a level of ease that's increasingly hard to find. A large enclosed front porch sets the tone - offering a practical entry point, added storage and a natural extension of the home. Inside, a formal living and dining space feels both composed and inviting. Expansive bedrooms, each with its own closet, are complemented by ample storage throughout the home, including a coat closet and two linen closets. At the rear, a sunroom addition brings in warmth and light - perfect for long dinners, slow mornings and everything in between. Downstairs, a fully renovated permitted second suite, supported by ESA and fire marshal approvals, with a separate entrance adds flexibility. Ideal for rental income, helping to offset mortgage costs in today's market where every dollar counts. It's equally well suited for extended family or evolving needs, with interior access allowing the home to function as one space or two. Laneway house potential offers further future upside, complemented by 3-car parking (legal front pad, garage and lane). Set in a well-connected west-end pocket, moments to the new Eglinton LRT at Oakwood Station (less than a 10-min walk), with quick access to the Allen Road and Highway 401. Cedarvale Park is just steps away, with its winding trails and off-leash dog area, while St. Clair Avenue West offers a vibrant mix of cafés, bakeries and neighbourhood favourites that make daily life feel easy and well lived.
Listed by CHESTNUT PARK 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
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| * This material is for informational purposes only. | |||
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