603 Spadina Road

Forest Hill South, Toronto

603 Spadina Road, Forest Hill South, Toronto

$2,388,000


Bedrooms: 4

Bathrooms: 4

Living Area: 1,500 sqft

Price Per Sqft: $1,592.00


About this Detached

in Forest Hill South, Toronto

Located in one of Toronto's most established and prestigious neighbourhoods ------------- 603 Spadina Rd sits on a premium 50 ft lot & RECENTLY UPDATES(FULLY/NEWLY FINISHED, HI CEILING with UNDERPIN BASEMENT, NEWER FLOOR, NEWER KITCHEN, NEWLY PAINTED, WIDEN INTERLOCKING DRIVEWAY---SPENT $$$$) ------------- surrounded by luxury custom homes and ongoing redevelopment. Whether your vision is to restore and personalize a character home, or to take advantage of the lot and pursue a new build, this address presents flexibility that is increasingly hard to find in Forest Hill.The home offers a functional layout with generous room sizes and solid structure, with a separate entrance to a potential rental income basement ($$$).This beautifully updated home features a brand new interlocking widened driveway with parking for up to 3 cars, a newly finished basement with high ceilings, and new flooring throughout all levels. The spacious second floor offers 4 generously sized bedrooms, making it perfect for families.Walking distance to top-tier private schools(UCC,BSS) parks, transit, and the amenities of Forest Hill Village, this is a strategic acquisition for buyers looking beyond turnkey properties and focusing on location-driven upside.

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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