247 Drewry Avenue

Newtonbrook West, Toronto

247 Drewry Avenue, Newtonbrook West, Toronto

$1,298,000

Bedrooms: 3

Bathrooms: 4

Living Area: 1,100 sqft

Price Per Sqft: $1,180.00

About this Detached

in Newtonbrook West, Toronto

Attention Developers, Builders, Investors, And End-Users Looking To Build Their Dream Home In North York! Rare Opportunity On A Premium 66.13 Ft X 156.44 Ft Lot. Potential Severance Opportunity Into Two Lots And/Or Redevelopment Potential For A Multiplex, Subject To All Required Approvals. Buyers Are Advised To Conduct Their Own Due Diligence And Verify All Future Uses, Development Potential, Zoning, Severance, And Building Requirements With The Appropriate Authorities And City Planning Department. Property Is Being Sold In "As Is, Where Is" Condition. Mortgagee And Listing Brokerage Make No Representations Or Warranties.

Listed by HC REALTY GROUP INC..

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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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