220 Homewood Avenue

Newtonbrook West, Toronto

220 Homewood Avenue, Newtonbrook West, Toronto

$1,339,000


Bedrooms: 3

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $1,217.27


About this Detached

in Newtonbrook West, Toronto

Welcome to 220 Homewood Avenue, a rare opportunity in the heart of Newtonbrook West. Situated on a premium 50 x 132 ft lot, this meticulously maintained solid brick bungalow offers exceptional quality, long-term peace of mind, and outstanding versatility for families, investors, or builders alike. Featuring 3+2 bedrooms, 2 bathrooms, and a Finished Basement with a Separate Entrance, the home offers a bright and functional layout with hardwood floors, spacious principal rooms, and a large eat-in kitchen. The lower level provides excellent flexibility for extended family living or strong income potential. Unlike many properties where costly issues can surface after purchase, this home has been extensively upgraded and professionally maintained, including full basement waterproofing, sump pump installation, and a dry, mould-free lower level that reflects true pride of ownership. Recent major upgrades include: Roof (2023), Furnace & A/C (2021), Owned Tankless Water Heater (2022), New Fencing, Cedar Deck, and professional landscaping (2022). Step outside to a beautifully landscaped and fully fenced private backyard, ideal for entertaining, relaxing, or family gatherings. Located on a quiet tree-lined street just minutes to Finch Station, TTC, GO Transit, parks, shopping, and top-rated schools. This move-in-ready home offers exceptional value, quality construction, and future potential in one of North York's most desirable communities.

Listed by RIGHT AT HOME REALTY.


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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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