56 Grangemill Crescent

Don Mills, Toronto

56 Grangemill Crescent, Don Mills, Toronto

$1,788,000


Bedrooms: 3

Bathrooms: 1

Living Area: 1,100 sqft

Price Per Sqft: $1,625.45


About this Detached

in Don Mills, Toronto

First Time Offered Since 1963. Bring Your Contractor. Bring Your Vision. Nestled on a quiet cul-de-sac in the prestigious Banbury community, this original-condition sides-plit presents a rare opportunity to renovate, reimagine, or build new on an exceptional 8,256 sq. ft. lot. With a 51.03-foot frontage widening to an impressive 103.31 feet at the rear, the possibilities are endless. Lovingly maintained by the same family for more than six decades, the home features three bedrooms, one bathroom, and a vaulted-ceiling living and dining room filled with natural light. Whether you're looking to restore its mid-century charm or create something entirely your own, this is the kind of property that rarely comes to market.Surrounded by top-rated schools including Rippleton Public School, Windfields Middle School, St. Andrew's Middle School, and York Mills Collegiate Institute, and just moments from Rippleton Park, the Wilket Creek trail system, Banbury Tennis Club, Edwards Gardens, and the Shops at Don Mills. A remarkable lot. An established neighbourhood. An opportunity to create your dream home in one of Toronto's most sought-after communities.

Listed by SAGE REAL ESTATE LIMITED.


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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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