541 Vaughan Road

Oakwood Village, Toronto

541 Vaughan Road, Oakwood Village, Toronto

$869,000


Bedrooms: 3

Bathrooms: 3

Living Area: 700 sqft

Price Per Sqft: $1,241.43


About this Detached

in Oakwood Village, Toronto

Why settle for one income stream when this home may offer more? This detached bungalow in Oakwood Village comes with a DUPLEX description per MPAC (report is available upon request), a self-contained 1-bedroom basement apartment with its own laundry, a second basement unit (bachelor suite) potential for setup. Two separate entrances to the basement (each unit has it's own entrance). Perfect for buyers looking to offset mortgage costs, accommodate extended family, or expand their investment portfolio. The flexible main-floor layout includes a third bedroom currently styled as a home office. Private gated driveway adds extra convenience and security. Close to transit, schools, shops, and everyday essentials.

Listed by LPT 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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