41 Southvale Drive

Leaside, Toronto

41 Southvale Drive, Leaside, Toronto

$1,599,000


Bedrooms: 4

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $1,066.00


About this Detached

in Leaside, Toronto

A truly unique detached home in sought-after South Leaside offering exceptional flexibility, space, and lifestyle in one of Toronto's most desirable family-oriented neighbourhoods. Originally a charming two-bedroom bungalow with an additional room above the garage, ideal as a bedroom, family room, or home office. This home was thoughtfully reinvented with a spacious second-storey addition. The upper level now features two additional bedrooms with soaring ceilings, excellent closet space, and a full ensuite washroom, creating the perfect retreat for growing families or multi-generational living. The versatility continues in the lower level with a separate side entrance offering exciting potential for rental income or an in-law suite. A 2-piece washroom could be expanded into a full bath, while generous storage, laundry area, workshop space, and potential kitchen setup add endless possibilities. Alternatively use this extra space for your family as a recreation room, gym, office or play space. Updated kitchen and washrooms, many newer windows, and hardwood flooring allow you to move right in and enjoy. Outside, enjoy parking for two cars with a private driveway and built-in garage. The sunny south-facing backyard is a wonderful place to entertain family and friends, complete with a private deck and BBQ gas line. TTC at your doorstep and quick access downtown via the Bayview Extension make commuting effortless. Stroll to the shops, restaurants, cafés, and everyday conveniences along Laird Drive, Millwood Road, and Bayview Avenue. Excellent schools, numerous parks, and scenic trails for walking, running, and biking complete the incredible lifestyle this location offers. Don't miss the Leaside Memorial Gardens with double ice pad rink, hockey shop, snack bar, banquet room, indoor swimming pool and curling club. A wonderful way to live in a highly coveted neighbourhood where community and convenience come together beautifully!

Listed by ROYAL LEPAGE SIGNATURE 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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