54 Southwell Drive

Don Mills, Toronto

54 Southwell Drive, Don Mills, Toronto

$1,650,000

Bedrooms: 3

Bathrooms: 2

Living Area: 1,100 sqft

Price Per Sqft: $1,500.00

About this Detached

in Don Mills, Toronto

Rare 70' Lot In The Prestigious Banbury Neighbourhood! An Exceptional Opportunity To Build Your Dream Home On A Premium Wide Lot In One Of Toronto's Most Sought-After Communities. The Existing Bungalow Offers The Flexibility To Move In, Renovate, Rent Out, Or Build New. Surrounded By Beautiful Custom Homes In A Mature And Established Neighbourhood. The Location Is A "10" - Top-Ranked Schools, Shops, Edward Gardens, TTC, Hwy 401 & DVP Are All Just Minutes Away. A Rare Opportunity For Builders, Investors, Or End Users Looking To Create Their Dream Home In An Outstanding Location!

Listed by HOMELIFE NEW WORLD REALTY 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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