44 Transwell Avenue
Newtonbrook West, Toronto
$1,749,888
Bedrooms: 3
Bathrooms: 3
Living Area: 1,100 sqft
Price Per Sqft: $1,590.81
About this Detached
in Newtonbrook West, Toronto
The Ultimate Cash-Flow Investment in North York. Situated on a premium 60x125-foot lot, this extensively upgraded home offers exceptional flexibility. It is designed to function as a premium single-family home, a spacious multi-generational residence, or an income-generating investment with high ROI & unmatched rental income of $8,000/month. Exceptional Development Potential: The lot meets requirements for an 1100 SF two-storey Garden Suite, subject to municipal approvals, creating additional solid rental income. Located near excellent schools, parks & extensive trails, shopping & vibrant dining options. Only 8 minute drive to Finch Subway Station & 12 minutes to York University. Quick access to Highways 401, 404, 400 & 407. Separate entrance to lower level units; New lifetime warranty metal roof; New front & side stone veneer; New 6 car interlock driveway; New large deck overlooking a spacious backyard with mature trees; New high-efficiency windows on all levels bring in lots of light to the basement; New front entrance door & patio door; Many high-efficiency upgrades including R60 attic insulation; New Wi-Fi-enabled garage door & 60-amp line for Level 2 EV fast charging. Upgraded 200-amp main panel & 125-amp sub-panel; New AC & humidifier; Dual-source gas & electric heating options for lower-level units; Custom floor-to-ceiling kitchen cabinetry & premium quartz countertops & matching quartz backsplashes for all units; Dual centre islands & quartz waterfall; Premium stainless steel appliances in all units; Elegant Bathrooms: 24x48-inch porcelain tiles, premium glass shower doors, quality faucets & vanities & Pfister spa unit; Premium wide-plank European oak engineered wood in main floor. Durable rigid-core luxury vinyl planks in lower-level units; Custom interior doors & premium black Weiser handles in all units; Oversized real wood baseboards & trim in all units; Separate laundry rooms for all units with graphite stainless steel washers & dryers.
Listed by AXXESS REALTY CENTRE 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
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| * This material is for informational purposes only. | |||
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