168 York Mills Road E

Windfields, Toronto

168 York Mills Road E, Windfields, Toronto

$1,748,000

Bedrooms: 3

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $1,165.33

About this Detached

in Windfields, Toronto

Prime Redevelopment Opportunity in York Mills EHON Designated Exceptional 60.10 x 125 ft north-facing lot in one of Toronto's most prestigious neighborhoods. Situated in the heart of York Mills & Bayview, this offering falls within the City of Toronto's newly designated EHON(Expanding Housing Options in Neighborhoods) permitting expanded residential uses beyond traditional single-family, including semi-detached, townhomes, multiplex or small apartment building mid-rise (up to 6 stories) Surrounded by luxury estates, the property offers outstanding potential: build your custom residence, develop a high-end multiplex. ((THE NEXDOOR PROPERTY WILLING TO SELL AT THE SAME TIME TO GET MORE EXPANDING POSSIBILITIS FOR NEW DEVELOPMENT)) Ideally positioned near top-tier schools (Owen P.S., St. Andrews, York Mills Collegiate) and steps to York Mills Subway with TTC at your doorstep. A premier opportunity for Builders, Investors, Renovators or End-users to unlock value in a rapidly evolving corridor. Buyer to verify all development potential and zoning permissions. The bungalow is in liveable condition can be rented .

Listed by REMAX YOUR COMMUNITY 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

     
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Amortization:  
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* This material is for informational purposes only.

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