264 Erskine Avenue

Mount Pleasant East, Toronto

264 Erskine Avenue, Mount Pleasant East, Toronto

$1,538,000


Bedrooms: 3

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $1,398.18


About this Detached

in Mount Pleasant East, Toronto

Nestled among mature trees in the highly sought-after Sherwood Park community, this charming detached 3 bedroom, 2 bath, two-storey home sits on an impressive 25 x 187.66 ft lot, offering rare depth, privacy, and a peaceful natural backdrop.The home is move-in-ready and features 1391 sq. ft plus 652 sq.ft lower level. Hardwood, laminate and stone floors thru-out. The bright living room is highlighted by a large picture window overlooking the lush, tree-lined surroundings. The main floor offers a combined living and family area, along with a chef-inspired kitchen featuring two prep stations, two sinks, and two refrigerators-ideal for entertaining or busy family living.The lower level offers excellent flexibility, complete with an entertainment area, gas fireplace, laundry and utility space and a separate entrance, making it ideal for extended family, guests, or potential income opportunities.Step outside to a spacious plush landscaped backyard framed by mature trees, creating a tranquil outdoor retreat rarely found in the city. The generous lot also accommodates legal two-car parking, a highly valuable feature in this desirable neighbourhood.Erskine Avenue offers easy access to Mount Pleasant traffic lights, a quite street that ends at a Cul De Sac. Walk to Sherwood Park, shops, restaurants, cafes, and everyday amenities. Enjoy excellent transit access with the new Eglinton Line 5 LRT, TTC bus routes, and quick connections to the subway.Located within the highly regarded school district for John Fisher, Hodgson Middle School, and North Toronto or Northern CI, this property represents an outstanding long-term family investment in one of Midtown's most desirable communities.

Listed by REAL BROKER ONTARIO LTD..


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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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