59 Otonabee Avenue
Newtonbrook East, Toronto
$1,298,888
Bedrooms: 3
Bathrooms: 2
Living Area: 1,100 sqft
Price Per Sqft: $1,180.81
About this Detached
in Newtonbrook East, Toronto
Welcome to Willowdale living at its finest. Cherished and impeccably maintained by the same owner for over 50 years, this charming, solid brick detached bungalow exudes true pride of ownership. Freshly painted throughout and sitting on a generous lot with a massive backyard, this clean and bright property is the perfect canvas for builders, investors, or end-users looking to create their dream home on a rapidly redeveloping, high-demand street surrounded by multi-million dollar custom builds.The main level features a large eat-in kitchen, a bright and spacious living/dining room, and three well-appointed bedrooms. A lovely, sun-filled enclosed front porch greets you upon arrival, offering the perfect space for a cozy sunroom, a functional mudroom, or a peaceful morning coffee spot. Downstairs, a highly desirable separate entrance leads to a versatile basement living area with incredible potential for an in-law suite or rental income, complete with a full kitchen and 4-piece bathroom. Nestled in a fast-evolving, premier North York neighborhood, this home offers an unbeatable lifestyle of absolute convenience. It is just a short walk to top-rated schools, beautiful local parks, and TTC transit with quick, direct access to Finch Station. You are also just minutes from the vibrant Yonge and Steeles corridor, which is home to Centerpoint Mall, 24-hour grocers like Khorak Supermarket, and an endless array of world-class dining options. Whether you choose to move right in, renovate to your taste, or build a brand-new custom masterpiece, this rare and cherished Willowdale property is the one you do not want to miss.
Listed by ROYAL LEPAGE CITIZEN 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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| * This material is for informational purposes only. | |||
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