260 Moore Park Avenue
Newtonbrook West, Toronto
$1,180,000
Bedrooms: 2
Bathrooms: 2
Living Area: 1,100 sqft
Price Per Sqft: $1,072.73
About this Detached
in Newtonbrook West, Toronto
**ARGUABLY THE BEST LOT IN THE AREA - RARE investment for Investors, Builders, or Families. This 50 X 134 FT DOUBLE-FRONTAGE CORNER LOT offers THREE OPEN SIDES AND ONLY ONE ADJACENT NEIGHBOUR - instead of the typical three - with NO REAR NEIGHBORS and absolute privacy. Unlike typical busy corners, this unique property sits on a QUIET PRIVATE CUL-DE-SAC offering a peaceful, "no-traffic" sanctuary with prominent dual street presence for a future rebuild.*** INVESTORS/BUILDERS: Perfect canvas for a luxury detached residence or a high-yield MULTIPLEX + GARDEN SUITE. The dual street frontage enables flexible site planning and multiple unit entrances - rare in this area. Under Toronto's current multiplex zoning: UP TO 5 UNITS AS-OF-RIGHT (4-unit multiplex + garden suite), NO REZONING REQUIRED, development charges fully waived (Toronto waives DCs on multiplexes up to 6 units), and NO PARKING MINIMUM.*** READY TO RENT: SEPARATE ENTRANCE finished basement for immediate dual-stream income. Hold and rent while permitting, or live in while planning your build.*** FAMILIES: 100% turnkey, meticulously maintained home. Move right into a safe, serene neighborhood near top-rated schools. The deep, private backyard is a rare park-like retreat featuring an Amazing Outdoor Space & a Large Covered Patio - perfect for quiet entertaining with neighbor-free views. Separate entrance provide perfect potential for Multi-Generational Living.*** AMAZING LOCATION: Prime Yonge & Steeles position - steps to Centrepoint Mall, T&T Supermarket, Galleria, the FUTURE Yonge North Subway Extension. Quick access to Highway 401 and Finch Subway. **THIS ISN'T JUST A HOME; it's a GENERATIONAL ASSET in a rapidly appreciating transit-oriented hub. Land value and lifestyle converge here. Don't miss this true strategic investment! Pictures are artist concepts.
Listed by GOLDEN HOUSE REALTY INC..
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| 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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