1022 Spadina Road

Forest Hill North, Toronto

1022 Spadina Road, Forest Hill North, Toronto

$2,565,000


Bedrooms: 3

Bathrooms: 4

Living Area: 2,500 sqft

Price Per Sqft: $1,026.00


About this Detached

in Forest Hill North, Toronto

Most of Toronto knows Spadina as the road that runs from the lake to Casa Loma, but above Lonsdale, the pace changes. The homes pull back, the trees close overhead, and North Forest Hill becomes quietly residential. Set next to Memorial Park and a two-minute walk to North Prep, 1022 Spadina Road is the kind of family home that makes city living feel easier. Built in 2002, this detached 3+1 bedroom, 4 bathroom home offers the presence and proportions of the surrounding century homes, with the reassurance, scale, and function of a more modern build. The main floor features ten-foot ceilings, a gracious foyer, formal living and dining rooms, a family room off the kitchen, two fireplaces, powder room, and a sliding door from the breakfast area to a practical deck. Upstairs, the generous primary suite includes a fireplace, walk-in closet, five-piece ensuite under a skylight, and a private balcony overlooking the green surroundings. Two additional bedrooms complete the second floor. The lower level feels like more house, with ceilings over ten and a half feet, a full-width recreation room, large windows, walkout to a stone patio, fourth bedroom, full bathroom, laundry, storage, and cold cellar. A built-in two-car garage absorbs the realities of family life, from bikes and sports gear to groceries and winter mornings. With Memorial Park next door, Chaplin LRT at the bottom of the street, the Beltline nearby, and some of Toronto's most respected schools within easy reach, this is a home that does not ask a family to choose between quiet, connection, green space, and everyday function.

Listed by ROYAL LEPAGE/J & D DIVISION.


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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:
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First Mortgage:
CMHC Prem.:
Total Financing:
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* This material is for informational purposes only.

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