2977 Bayview Avenue

Bayview Village, Toronto

2977 Bayview Avenue, Bayview Village, Toronto

$2,180,000


Bedrooms: 4

Bathrooms: 6

Living Area: 2,000 sqft

Price Per Sqft: $1,090.00


About this Detached

in Bayview Village, Toronto

Top-Ranked School - Earl Haig SS **67 Ft x 170.53 Ft** - Backing Onto Bayview Village Park & Facing a City Parkette**RARE-OPPORTUNITY To Own "A Jewel Land"**Welcome to this exceptional detached family home on a prime corner of BAYVIEW/CITATION in the highly sought-after Bayview Village community. Situated on a premium lot 67 Ft x 170.53 Ft with a deep, private backyard backing onto lush greenery, this property offers a rare combination of comfort, space, and versatility for end-users and investors alike.The home features a spacious and functional layout W/ sun-filled principal rooms, open-concept living and dining areas & a family-sized eat-in kitchen overlooking the serene backyard. Well-proportioned bedrms on the second flr provide ideal family living, complemented by the convenience of main floor laundry.A separate entrance leads to a bright & self-contained lower level, offering an Excellent Potential for Rental Income or Extended Family Living. A studio-style area on main Flr provides further flexibility for additional income opportunities, making this property ideal for multi-generational living or savvy investors seeking supplemental income.Located close to all amenities, this home offers both lifestyle & convenience in one of Toronto's most desirable neighbourhoods.Additionally, the property presents Potential Future Development Opportunities, including possible townhouse redevelopment and increasing land density opp(The buyer is to verify the buyer's future rezoning opportunity with City Planner).A rare offering that blends comfortable family living, income potential, and long-term investment value.Located steps to all Amenities : Bayview Village Mall,Ravine,Top Rated Schools,Subway Station, Transit,Parks,Hwys. Extras: 2Kitchens(Main/Lower Levels)*2Sets Of Appl(Main Flr-Fridge,Newer Stove(2024),Hood fan,B/I Dishwasher & Bsmt--Newer Fridge(2024),Stove & Washer/Dryer,Updated Furance,Garage Dr-Opener,Newer Laminate Flr(Main Flr)

Listed by FOREST HILL REAL ESTATE 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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